14.Q-10 On the death of a partner, his
share in the profits of the firm till the date
of his death is transferred to the: *
(1 Point)
Credit of Profit & Loss
Account
Debit of Profit & Loss
Suspense Account.
Debit of Profit & Loss
Account
Credit of Profit & Loss
Suspense Account
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Answer:
Credit of Profit and Loss Account
Explanation:
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