Girish,Mahesh and Varun are partners sharing profits and losses in the

1.	Girish,Mahesh and Varun are partners sharing profits and losses in the ratio of 6:3:2 respectively. their capital on 1/4/17 stood at Rs6000,30000 and 20000 respectively on 30 September 2017 . Varun died and the deceased partner share of good will is Rs 10000 .the deceased partners share of accurred profit upto the date of his death is Rs 4200.varun's commission is Rs 6000 per month. His drawings upto to the date of death amounted to Rs 8000.interest on capital @ 10%.prepare varun's capital A/c.
Answer» Answer: VARUN ACCOUNTS PARTICULAR RS PARTICULAR RS TO DRAWING 8000 By balance b/d 20000 By int on CAPITAL 1000 TO varun 27200 BY profit & loss 4200 excutor suspence a/c By goodwill GIRISH 6/9 6667 mahesh 3/9 3333 10000 35200 35200

Girish,Mahesh and Varun are partners sharing profits and losses in the ratio of 6:3:2 respectively. their capital on 1/4/17 stood at Rs6000,30000 and 20000 respectively on 30 September 2017 . Varun died and the deceased partner share of good will is Rs 10000 .the deceased partners share of accurred profit upto the date of his death is Rs 4200.varun's commission is Rs 6000 per month. His drawings upto to the date of death amounted to Rs 8000.interest on capital @ 10%.prepare varun's capital A/c.

Answer»

Answer: VARUN ACCOUNTS

PARTICULAR RS PARTICULAR RS

TO DRAWING 8000 By balance b/d 20000

By int on CAPITAL 1000

TO varun 27200 BY profit & loss 4200

excutor suspence a/c

By goodwill

GIRISH 6/9 6667

mahesh 3/9 3333 10000

35200 35200

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