abha n beena r partners sharing psr=3:2 On april 1,13 they decided to admit chanda for 1/5th share they had - Accountancy - Reconstitution- Change in Existing Profit Sharing Ratio

Question

abha n beena r partners sharing psr=3:2 On april 1,13 they decided
to admit chanda for 1/5th share they had a reserve of 25,000 which
dy wntd to sho in new BS abha died on october,1,13 Calculate abhas
share in reserve

Monika Sharma · Accepted Answer

Let the total share be 1Chanda's Share = 15Remaining Share = 1 - 15 = 45Abha's New Share = 35 × 45 = 1225Beena's New Share = 25 × 45 = 825New PSR = 12 : 8 : 5Abha's Share in Reserve = 25,000 × 1225 = Rs 12,000

abha n beena r partners sharing psr=3:2.On april 1,13 they decided to admit chanda for 1/5th share.they had a reserve of 25,000 which dy wntd to sho in new BS.abha died on october,1,13.Calculate abhas share in reserve.