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Partner Retirement And Death

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyThe correct determination of a deceased partner’s share in the profit earned up to the date of death primarily safeguards whose claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyIf the average annual profit of previous years is ₹10,20,000 and a partner dies 3 months after the beginning of the accounting year, what will be the estimated profit of the firm up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyAssertion: When a partner dies, he is entitled to his share of the profit earned up to the date of his death. Reason: He was a partner of the firm up to the date of his death.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyWhat is the effect of crediting the deceased partner’s share of profit earned up to the date of death to the partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyOn a partner’s death, to whom is the amount due for the partner’s capital, current account, goodwill and share of profit up to the date of death ultimately payable?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyThe amount of ₹1,20,000 payable as the deceased partner’s share is treated as whose liability?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasyAccountancyWhy is the capital account important when calculating the amount payable to a deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasyAccountancyIf ₹1,50,000 is determined as due to a partner on his or her death, who is entitled to receive this amount?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy

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