Accountancy, asked by asifasharaf101, 5 months ago

A,B and C are partners. C expired on 18th December 2019 and as per agreement

surviving partners A and B directed the accountant to prepare financial statements

as on 18th December 2019 and accordingly the share of profits of C (deceased

partner) was calculated as 12,00,000. Which account will be debited to transfer C’s

share of profits.?

Answers

Answered by Aadi2486

6

Answer:

Profit and loss Appropriation account.

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