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Lom work12/5Q2. X, Y and Z are partners sharing profits and losses in the ratio of 2:2:1. Their capital balances on01.04.2018 stood at 390,000, 360,000 and 40,000 respectively. Y died on 01.01.2018 partnership deedprovides the following:a) Interest on capital at 10% p.a.b) Salary to Y 32,000 per monthc) Y's share in Goodwilld) His share of profit up to the date of death on the basis of previous year's profit.1)Total goodwill of the firm is 54,000Profit of the firm for the year 2017-18 is 30,000You are required to ascertain the amount payable to Executors of Y by preparing Executor's Account.S4,000 X |
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Answer» cvhhhhhj HF hhhhhh Explanation: rorezra2056w |
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