Old MathJax webview

Old MathJax webview

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Edit Pictures... 1 Auto Correct Shortcuts. 1. SIX X1 174% 12 doing business of place partner's profit will be calculated on the banks el propertier years and profit figure of the same year if we multiply proportion, we can get estimated profits of the firm till the date deceased partner's share can be calculated. The deceased partners shume capital account The same amount is shown on asset side of the Balance Sheets Loss Suspense Account EXAMPLE in a partnership of A B and sales for the year 2010 werline profit for the same period was Rs 20,000 If sales till de de 50,000 then the executor's of deceased partner shall ja Rs be worked out as under U sales were Rs 200,000 profit was Rs 20,000 It sales were Rs 50,000 profit will be Rs 5.000 le. Rs 20.000 RO Deccused partner's share shall be Rs 5.000x Rs.50 024 ILLESTRATION (Calculation of Profit-Turnover Basis Methods merchants sharing profits in the ratio of 2