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Retirement of a parter

How capital ratio(after all adjustment) 5:3:4??how come they calculated m capital?

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Aravindh Kumar

Aravindh Kumar

CA Foundation

3K+

23-Jun-20 21:14

13

Answers (4)

Draw capital accounts making all the adjustments (journal entries passed) then the capital accounts balance will be K - 35000 L- 0 M - 28000 N - 21000 Hence K:N:M = 5:3:4


sudha reddy

sudha reddy

Moderator

24-Jun-20 09:29

I know that capital balance is taken to calculate ratio but how your come you get or cacluated 5/12 :3/12:4/12 can you show me the working


Aravindh Kumar

Aravindh Kumar

CA Foundation

3K+

24-Jun-20 10:26

please find attached the calculation

Thank you...


Aravindh Kumar

Aravindh Kumar

CA Foundation

3K+

29-Jun-20 19:02