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A deceased partner’s capital is ₹65000 and his share of the reserve fund is ₹15000. Based only on these two items, what will be the deceased partner’s total claim?

Answer and explanation

Correct answer: ₹80000

The deceased partner’s claim includes the given capital and his share of the reserve fund: ₹65000 + ₹15000 = ₹80000. Therefore, option C is correct. ₹75000 results from an incorrect addition. In an examination, identify and add each claim component separately; this question provides only two components.

Related tags

Deceased Partner ShareReserve FundPartner ClaimPartnership AccountsReconstitutionDeceased Partner’s ShareDeceased Partner S ShareReconstitution Retirement Or Death Of A Partner

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