The given ratios indicate that Amal to Sunil is 3:2 and Sunil to Mita is 4:5.
To determine the ratio of shares for all three individuals, let's multiply the ratios:
For Amal, Sunil, and Mita: \((3 \times 4) : (2 \times 4) : (2 \times 5) = 12 : 8 : 10\)
Thus, the ratio of shares of Anil, Sunil, and Mita is indeed \(6: 4: 5\)
∴ Sunil's share \(= 400×\frac 42 = 800\)
So, the correct option is (A): \(800\)
Liabilities Amount (₹) | Amount (₹) | Assets |
---|---|---|
Creditors | 80,000 | Bank |
General Reserve | 50,000 | Stock |
Capitals: Raja Bharat Vedika | 1,10,000 1,00,000 90,000 | Debtors Furniture Machinery |
Total | 4,30,000 | Total |
What is the correct sequence at the time of death of a partner?
(A) Amount paid to Executor
(B) Preparation of Revaluation account
(C) Calculation of Amount Payable to executor of Deceased partner
(D) Calculation of Revaluation Gain/Loss
(E) Balance of Executor's loan A/c
Choose the correct answer from the options given below: