When a current of 15.0 A flows for 30 seconds, a total charge of 450 Coulombs is transferred. This charge corresponds to approximately 2.81 × 1 0 21 electrons. Therefore, 2.81 × 1 0 21 electrons flow through the device.
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To prepare Revati's Capital Account upon her death on 30th September 2024, we need to calculate various components as per the partnership deed instructions. Here are the steps:
Calculate Revati's Share of Profit up to the Date of Death:
Given that profits for the last year (2023-24) were ₹30,000.
Profit from 1st April to 30th September (half of the year) = ₹30,000/2 = ₹15,000.
Revati's share = 1/5 of ₹15,000 = ₹3,000.
Calculate Revati's Share of Goodwill:
Goodwill is based on 3 years' purchase of the average profit.
Average profit for four years = (₹80,000 + ₹50,000 + ₹40,000 + ₹30,000) / 4 = ₹50,000.
Goodwill = 3 years' purchase = 3 * ₹50,000 = ₹1,50,000.
Revati's share of goodwill = 1/5 of ₹1,50,000 = ₹30,000.
Interest on Capital until the Date of Death:
Revati's Capital as per balance sheet = ₹40,000.
Interest for 6 months = (12/100) * ₹40,000 * (6/12) = ₹2,400.
Adjust for Drawings by Revati:
Drawings up to the date of death = ₹10,000.
Prepare the Capital Account for Revati:
Debit Side:
Drawings = ₹10,000.
Credit Side:
Balance brought forward = ₹40,000.
Profit share = ₹3,000.
Goodwill share = ₹30,000.
Interest on capital = ₹2,400.
The total credits amount to ₹75,400.
In summary, the amount payable to Revati's executors is ₹75,400. This includes all the entitled share of profit, goodwill, and interest on capital, adjusted for her drawings.