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Share of profit of a deceased partner fill the date of death is ______ to Profit and Loss Suspense A/c. -

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Question

Share of profit of a deceased partner fill the date of death is ______ to Profit and Loss Suspense A/c.

Options

  • debited

  • credited

  • added

  • equal

MCQ
Fill in the Blanks

Solution

Share of profit of a deceased partner fill the date of death is debited to Profit and Loss Suspense A/c.

shaalaa.com
Retirement Or Death of a Partner - Adjustment of Capitals
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