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xnx respectively. The Balance shee MIX Retirement of a Parmer Mall Dabas. Toda were partnershop profits tosses in the ratio 2010 was a moder ozu
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respectively. The Balance shee MIX Retirement of a Parmer Mall Dabas. Toda were partnershop profits tosses in the ratio 2010 was a moder ozu BALANCE SHEET as at JT 2010 R Assets RE 550 2.000 2.000 8.000 250 Title Pasante Crnutiton Employee Prudent Fund Rene Profit und Less Workmen's Compensation Reserve 1.000 450 Debtors 2. Provision Stock Computer Land and Buildings Machinery 4.200 4.000 0.000 25,000 Malik Daha Huda 12.000 18.000 1.00.750 b) Huda retired on that date. subject to the following conditions (a) Goodwill was valued at R30.000 but no goodwill account should be raised Value of Computer should be reduced to Rs.5.000 Land & Building should be decreased by 20% in provision of Rs 600 to be made in respect of Outstanding Legal Charges Stock to te reduced by Rs 400 Huda was to be paid off and the entire sum payable to Huda is to be brought in 1 Malik and Dabas in such a way that their capitals should be in their new proti cha ratio which is Workomen's Compensation Reserve is estimated at Rs. 1.000 Show the Revaluation Account Partners Capital Accounts and Balance Sheet of the finaStep by Step Solution
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