Plz calculate the amount of interest on capital charged.....

Plz calculate the amount of interest on capital charged..... Solution. as The firm decided to pay him in three equal ng @ p.a. beginning with 1st September. 2017 recording the above transaction on the date of Zaid's death (C.B.sx„ Books of the Akash, Naveen and Zaid Journal Particulars Zaid* Capital A/c To Zaid's Executor's A/c (Amount due to Zaid to trans. to his Executor's A/c) 60,000 Based on Capital Alc of Deceased Partner Illustration 8(A). (Capital A/c of Deceased Partner) P, Q and R were partners sharing profits in the ratio of 2 : 2 : 1. The firmck& books on March 31 every year. On June 30, 2017 , R died. The following informat provided on R's death : (i) Balance in his capital account in the beginning of the year was e SAUV (ii) He withdrew 60,000 on May 15, 2017 for his personal use. On the date of death of a partner, the partnership deed provided torb following : (a) Interest on capital @ per annum. (b) Interest on drawings @ 12% per annum. (c) His share in the profit of the firm till the date of death. to becalcub&i on the basis of the rate of Net Profit on *Ales of the previous yeat was 25%. The Sales of the firm till June 30, 2017 were Prepare R's Capital Account on his death to be presented to his excotv+ (C.B.S.E., Sample Paper 2017-18) Solution. Dr R's Capital A/c Date 2017 Jun. 30 Jun. 30 Jun. 30 Particulars To Drawings A/c To Interest on Drawings A/c To R's Executor's A/c 60.000 900 Date 2017 Apr. I Jun. 30 Jun. 30 Particulars By Balance b/d By Intevvst Capital A/c By profit and Loss Suspense A,'c