Accountancy

Harish, Jagdish and Manish are partners in a firm sharing profits equally. On lst June Harish
dies. His executor is entitled for the followings :
Capital balance, share in General Reserve, share of goodwill, profit till date of death from
the date of the last balance sheet.
Accounts are closed on 31st March every year. On the date of death his capital balance was
Rs. 45000 General Reserve was Rs. 2000, Goodwill was to be calculated on the basis of
twice for the average of last three years profits. The average profit of the firm was Rs. 20000.
Profit for the months of May and June is calculated on the basis of average profits. Interest
on capital is allowed Rafik1989% pa. Drawings of Harish of the two months proceeding his death
amounted to Rs. 5400.
Prepare capital Account of Harish to be rendered to his executors.