Farhan, Hina and Dolly are partners in a firm sharing profits in the ratio of 5 : 3 : 2. On 1st April, 2016 the capitals of the partners were : Rs.  5,00,000; Rs.  3,00,000 and Rs.  2,00,000 respectively. The firm closes its books on 31st March every year. Dolly died on 5th April, 2016. 

On that date: 

(a) Goodwill of the firm was valued at Rs.  30,000; and 

(b) Dolly’s share of profit till the date of her death was calculated as Rs.  200. 

Prepare Dolly’s Capital A/c to be rendered to her executors. 

Marks-3, CBSE:2016-17/Comp-AI/Q-10 

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