CA CPT Jun 2017 Question Paper Fundamentals of Accounting for online practice

A partnership firm maintains its accounts on calendar year basis. B, one of the threepartners died on 31/03/10. The profit of the firm for the year 2009 was Rs. 75,000which was distributed among the partners equally. The share of B in the profits ofthe firm till the date of his death on the basis of previous year’s profits will be Rs.