Question number 14th death of a partner. How that 6100rs came in mithya' executor's account please tel me
Dear Student,
Read the last point of the question, it says 'Rs 4,200 to be paid immediately and balance in four equal half yearly instalments.'
Total Amount Due = Rs 28,600 (from Capital A/c)
Amount paid in Cash = Rs 4,200
Balance due = Rs 24,400 (28,600 - 4,200)
Instalment = Rs 6,100 (24,400/4)
Read the last point of the question, it says 'Rs 4,200 to be paid immediately and balance in four equal half yearly instalments.'
Total Amount Due = Rs 28,600 (from Capital A/c)
Amount paid in Cash = Rs 4,200
Balance due = Rs 24,400 (28,600 - 4,200)
Instalment = Rs 6,100 (24,400/4)