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The total claim payable to a deceased partner is ₹1,35,000. If ₹35,000 has already been paid, what amount remains payable?

Answer and explanation

Correct answer: ₹1,00,000

The balance payable is calculated by subtracting the amount already paid from the total claim: ₹1,35,000 − ₹35,000 = ₹1,00,000. Therefore, option C is correct. The amount already paid must be deducted, not added, to the total claim. Exam tip: balance due = total claim − amount already paid.

Related tags

Deceased Partner SharePartner ClaimRetirement Or DeathAccountancy ArithmeticDeceased Partner’s ShareDeceased Partner S ShareReconstitution Retirement Or Death Of A PartnerAccountancy

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