00:00So guys this is Sonia Setia your accounts and eco-tutor so today we will understand
00:04how to calculate the share of profit or loss of diseased partner means the dead partner
00:10on the basis of time so we will take an example suppose partner A died after 2 months of the
00:16close of the previous year and the profit for the previous year is 24,000 so here we
00:22calculate the profit of the firm for 2 months that would be 24,000 into 2 by 12 that would
00:28be 4,000 right and suppose partner A took 3 by 10 share in the profits so partner A's
00:36profit would be 4,000 into 3 by 10 that is 1200 right so this is how we calculate the
00:44profit on the basis of time hit the like button subscribe my channel thank you so much.
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