Ram, Manu and Hari were partners in a firm. Hari died on 30th June, 2020 his share of profit from the closure of the last accounting year till the date of death was to be calculated on the basis of the average of three completed financial years of profits before death. Profits for the years ended 31st March, 2018, 2019 and 2020 were Rs. 1,10,000, Rs. 1,20,000 and Rs. 1,30,000 respectively. Calculate Hari's share of profit till the date of his death and pass necessary journal entry for the same.

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Your question is not clear and seems to be incomplete. Average of three yeas' profits change calculated, but, some other information should also be given to find Hari's share. Kindly recheck your question and please be a little specific so that we may provide you with some meaningful help. Looking forward to hear from you again:)

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