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Class 12 · Accountancy
→The amount due to a deceased partner but not paid immediately is generally transferred to which account?
Class 12 · Accountancy
→On the date of a partner’s death, ₹93,000 stands to his credit in the Capital Account and he is entitled to a revaluation profit of ₹7,000. Assuming there are no other adjustments, what amount will be payable as the total claim to the deceased partner’s executor?
Class 12 · Accountancy
→On a partner’s death, what effect do the firm’s accumulated profits have on the deceased partner’s claim?
Class 12 · Accountancy
→In a firm, a deceased partner’s capital is ₹84,000 and the value of his share of the firm’s goodwill is ₹16,000. Based on these two items, what total amount will be credited to the deceased partner’s account?
Class 12 · Accountancy
→The gross claim of a deceased partner is ₹166000. Accumulated loss of ₹6000 and drawings of ₹10000 are to be debited to the partner’s Capital Account. What will be the net claim payable to the deceased partner?
Class 12 · Accountancy
→Which of the following items is credited to the deceased partner’s account when it has accrued up to the date of death?
Class 12 · Accountancy
→If a deceased partner’s capital is ₹97000 and their share of accumulated profits is ₹3000, what will be the total claim based only on these two items?
Class 12 · Accountancy
→After a partner’s death, if the amount due to the deceased partner is not paid immediately, to which account is it transferred?
Class 12 · Accountancy
→At the time of a partner’s death, his Capital Account shows ₹69,000, his share of profit up to the date of death is ₹11,000, and his share of the reserve fund is ₹20,000. What amount is payable to the deceased partner’s legal representative?
Class 12 · Accountancy
→On the basis of which profit-sharing ratio is the deceased partner’s share of revaluation profit up to the date of death calculated?
Class 12 · Accountancy
→A total amount of ₹1,44,000 is payable to the legal representative of a deceased partner. If ₹44,000 has already been paid, what amount remains payable?
Class 12 · Accountancy
→In a partnership firm, a deceased partner’s capital is ₹83,000 and the partner’s share of goodwill is ₹17,000. Based only on these two items, what amount will be payable to the deceased partner’s account?
Class 12 · Accountancy
→A deceased partner’s gross claim is ₹1,72,000. A revaluation loss of ₹12,000 and drawings of ₹10,000 are to be debited to the partner’s account. What amount will be payable as the net claim?
Class 12 · Accountancy
→A deceased partner’s capital account has a balance of ₹1,12,000, and their share of goodwill is ₹8,000. Ignoring all other adjustments, what will be the deceased partner’s total claim based on these two items?
Class 12 · Accountancy
→How will the salary due to a deceased partner up to the date of death be recorded in the partner’s account?
Class 12 · Accountancy
→If the deceased partner’s total claim is ₹1,58,000 and ₹18,000 has already been withdrawn as drawings, what amount will be payable to the executor after adjusting the drawings?
Class 12 · Accountancy
→Until it is paid, how is the amount due to a deceased partner classified in the firm’s books?
Class 12 · Accountancy
→A deceased partner’s capital account has a balance of ₹79,000, and the partner’s share of the reserve fund is ₹21,000. Based only on these two items, what will be the deceased partner’s total claim?
Class 12 · Accountancy
→Why are profits accruing after the date of death not included in the deceased partner’s share?
Class 12 · Accountancy
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