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quikly A B and C are partners sharing profits and losses in the ratio of 2:1:1. Mr. C dies on 01.07.2020. The profits and sales

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A B and C are partners sharing profits and losses in the ratio of 2:1:1. Mr. C dies on 01.07.2020. The profits and sales for the previous year was OMR 180000 and OMR 600000 respectively. Sales till the time of death of Mr.C during the current year is OMR 60000. The share of profit to be given to the legal representatives of Mr. C on turnover basis will be: @ a OMR 10500 b. OMR 18000 COMR 4500 d. OMR 4000 Next page ENG 10:10 INTITAT 3 w le A, B and C are partners sharing profits and losses in the ratio of 3:2:1. C retires. The new profit sharing ratio of partners agreed at 2:1. The good will is valued at OMR 30,000. The value of goodwill appears in the books at OMR 12000 The gaining ratio of existing partners are: O a. 2:0 b. 2:1 c. 3:2 d. 15:9 A, B and C are partners sharing profits and losses in the ratio of 3:2:1. C retires. The new profit sharing ratio of partners agreed at 2:1. The good will is valued at OMR 30,000. The value of goodwill appears in the books at OMR 12000 The gaining ratio of existing partners are: O a. 2:0 b. 2:1 c. 3:2 O d. 15:9 A B and Care partners sharing profits and losses in the ratio of 1:1:1. Mr. A retires. The new profit sharing ratio of partners will be: O a. 1/8 O b. 1/2 O c. 1/3 O d. 1/4 ENG 10-13 A, B and Care partners sharing profits and losses in the ratio of 3:2:1. C retires. The new profit sharing ratio of partners agreed at 2:1. The good will is valued at OMR 30,000. The value of goodwill appears in the books at OMR 12000 Mr. C is entitled to get a goodwill share of: a. OMR 15000 O b. OMR 10000 O c. OMR 5000 d. OMR 6000

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