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Class 12 · Accountancy
→In the reconstitution of a partnership firm, after which event is the deceased partner’s share determined?
Class 12 · Accountancy
→While calculating the amount due to a deceased partner, which of the following items increases the total amount payable to the partner?
Class 12 · Accountancy
→What happens to the firm’s liability when the deceased partner’s share is paid to the executor?
Class 12 · Accountancy
→A deceased partner’s capital account has ₹70,000, and the partner’s share of the reserve fund is ₹10,000. What is the total of these two amounts?
Class 12 · Accountancy
→When a partner dies, will the partner’s share of undistributed profit up to the date of death be included in the deceased partner’s account?
Class 12 · Accountancy
→Why is the capital account important when calculating the amount payable to a deceased partner?
Class 12 · Accountancy
→If ₹1,50,000 is determined as due to a partner on his or her death, who is entitled to receive this amount?
Class 12 · Accountancy
→After calculating the deceased partner’s share, to whom is the amount due communicated?
Class 12 · Accountancy
→When a partner dies, is the deceased partner’s share in the reserve fund included in the amount due to them?
Class 12 · Accountancy
→Until it is paid, what is the amount due to a deceased partner treated as for the firm?
Class 12 · Accountancy
→A deceased partner’s capital is ₹80,000 and his share of goodwill is ₹20,000. What amount will these two items total in the deceased partner’s account?
Class 12 · Accountancy
→While calculating the amount due to a deceased partner, which of the following items is generally not included?
Class 12 · Accountancy
→If the amount due to a deceased partner is not paid immediately, what is created in the partner’s name?
Class 12 · Accountancy
→Will the deceased partner’s share of the revaluation profit arising up to the date of death be included in the final amount due to him?
Class 12 · Accountancy
→Up to which date is the deceased partner’s share of the current year’s profit generally calculated?
Class 12 · Accountancy
→Why is the deceased partner’s share of goodwill added to the deceased partner’s account at the time of reconstitution?
Class 12 · Accountancy
→If the amount due to a deceased partner is not paid immediately, to which account may it be transferred?
Class 12 · Accountancy
→How is a deceased partner’s share of accumulated profits or general reserve adjusted on the date of death?
Class 12 · Accountancy
→If the deceased partner's Capital Account has a credit balance of ₹1,00,000 on the date of death, will it be included in the amount due to the deceased partner?
Class 12 · Accountancy
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