Advertisements
Advertisements
प्रश्न
What is the journal entry to be passed to transfer the amount due to the deceased partner to the executor of the deceased partner?
उत्तर
| Date | Particulars | L.F. | Debit | Credit |
| Deceased partner's Capital A/c Dr. To Deceased Partner's Executors A/c (Amount transferred to Executors Account) |
xxx | xxx |
APPEARS IN
संबंधित प्रश्न
A partner retires from the partnership firm on 30th June. He is liable for all the acts of the firm up to the ______.
On the retirement of a partner from a partnership firm, accumulated profits and losses are distributed to the partners on the basis of ______.
On the retirement of a partner, general reserve will be transferred to the ______.
On revaluation, the increase in liabilities leads to ______.
At the time of retirement of a partner, determination of gaining ratio is required ______.
The final amount due to a retiring partner is not paid immediately, it is transferred to ______.
‘A’ was a partner in a partnership firm. He died on 31st March 2019. The final amount due to him is ₹ 25,000 which is not paid immediately. It will be transferred to ______.
What is meant by the retirement of a partner?
What are the ways in which the final amount due to an outgoing partner can be settled?
Dheena, Surya, and Jankai are partners sharing profits and losses in the ratio of 5:3:2. on 31.3.2018, Dheena retired. On the date of retirement, the books of the firm showed a reserve fund of ₹ 50,000. The pass journal entry to transfer the reserve fund.
