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Plands ase Pastawers shasing Prolit is the ratio 4:3:1 scopectively. It is provided under the Deed that on the death of any pastalers his Shase of goodwill is to be valued at one half of the Nel protit credited to his account dusing the last 4 Completed years and shave of Profit to the date of death is to be based o the average Profits of last three Completed cars, plus 10-1. ( books years, ON 31.12.) oks of accounts accoun are Yosed R dies on 14.3.2024. The firm's prolif?
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Plands ase Pastawers shasing Prolit is the ratio 4:3:1 scopectively. I...
Calculation of Firm's Profit after the death of R

Valuation of R's Share of Goodwill:
- R's share of goodwill will be valued at half of the net profit credited to his account during the last 4 completed years.
- This will be calculated by taking the average profit of the last three completed years plus 10% of the average profit.
- The valuation will be based on the books of accounts closed on 31.12.

Calculation of Firm's Profit after R's Death:
- R died on 14.3.2024, so his share of profit will be calculated until that date.
- The average profit of the last three completed years will be considered along with 10% of that average.
- The remaining profit after R's death will be distributed among the remaining partners according to the profit-sharing ratio of 4:3:1.

Explanation of Profit Distribution:
- The profit after R's death will be divided among the remaining partners in the ratio of 4:3:1.
- This distribution will be based on the partnership agreement and the profit-sharing ratio.
- The remaining partners will receive their respective shares of the profit as per the terms of the partnership deed.
In conclusion, the firm's profit after R's death will be calculated based on the valuation of R's share of goodwill and the profit-sharing ratio among the remaining partners. This calculation will ensure a fair distribution of profits among the partners according to the terms of the partnership agreement.
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Plands ase Pastawers shasing Prolit is the ratio 4:3:1 scopectively. It is provided under the Deed that on the death of any pastalers his Shase of goodwill is to be valued at one half of the Nel protit credited to his account dusing the last 4 Completed years and shave of Profit to the date of death is to be based o the average Profits of last three Completed cars, plus 10-1. ( books years, ON 31.12.) oks of accounts accoun are Yosed R dies on 14.3.2024. The firm's prolif?
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