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Class 12 · Accountancy

What happens to the firm's liability towards the deceased partner after the full amount due to him or her has been paid?

Class 12 · Accountancy

If the total amount in the deceased partner’s account is ₹85,000 and a profit share of ₹5,000 is added to it, what will be the new total amount?

Class 12 · Accountancy

Find the amount due to the deceased partner if the partner’s capital is ₹70,000 and the share in the reserve fund is ₹8,000.

Class 12 · Accountancy

The gross amount due to a deceased partner is ₹65,000, and the partner’s share of accumulated loss is ₹5,000. What will be the net amount payable after adjustment?

Class 12 · Accountancy

To whom is the final amount due for a deceased partner’s share in the firm paid?

Class 12 · Accountancy

A deceased partner’s capital account shows ₹80,000 and their share of goodwill is ₹10,000. What total amount will be due to the partner’s account?

Class 12 · Accountancy

If a total of ₹100000 is payable to the deceased partner and ₹20000 has already been paid, how much amount remains payable?

Class 12 · Accountancy

What is the main purpose of adding a deceased partner’s share of goodwill to their account?

Class 12 · Accountancy

A deceased partner’s capital in the firm is ₹50,000, and their share of profit up to the date of death is ₹3,000. Considering only these two items, what amount will be credited to the partner’s account?

Class 12 · Accountancy

In a partnership firm, how does the deceased partner’s share of accumulated loss affect the amount payable to the executor?

Class 12 · Accountancy

If the total amount due to a deceased partner is ₹90,000 and his drawings are ₹5,000, what will be the net amount payable after deducting the drawings?

Class 12 · Accountancy

What effect do the deceased partner’s drawings have on the amount payable to him on the date of death?

Class 12 · Accountancy

A deceased partner’s capital is ₹60,000 and their share of the reserve fund is ₹4,000. What is the total of these two amounts?

Class 12 · Accountancy

How is the amount due to a deceased partner treated for the firm?

Class 12 · Accountancy

How is the deceased partner’s share of revaluation profit treated in the accounts?

Class 12 · Accountancy

At the time of reconstitution, the total amount payable to the deceased partner is ₹70,000. If ₹10,000 has already been paid, how much amount is still payable to the executor?

Class 12 · Accountancy

At the time of reconstitution, to which account is the deceased partner’s share of accumulated profits credited?

Class 12 · Accountancy

Why is a share of profits earned after the date of death not added to the deceased partner’s account?

Class 12 · Accountancy

The amount due to a deceased partner but not paid immediately is transferred to which account?

Class 12 · Accountancy

A deceased partner’s capital is ₹40,000 and their share of goodwill is ₹5,000. What total amount is payable to the partner?