Suppose partner A dies after 3 month from the date of B/s admission ,his share in...

 

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Suppose partner A dies after 3 month from the date of B/s admission ,his share in profits was 1/4. it was decided to calculate his share of profits till death on last years profit Rs. 10000. calculate profit share of deceased partner share of profit till the date of death. Suppose partner A dies after 3 month from the date of B/s admission ,his share in profits was 1/4. it was decided to calculate his share of profits till death on last years profit Rs. 10000. calculate profit share of deceased partner share of profit till the date of death.

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As share of profit 14 x last years profit Since partner As share o... View the full answer