Accountancy, asked by mohanyadav55081, 3 months ago


Difference between Retirement and Death of Partner any six point​

Answers

Answered by Anonymous
1

Answer:

case of retirement,the partners can retire only at the end of an accounting year whereas death of a partner may occur at anytime during the year. ... Whereas in case of death the balance is transferred to his executor 's loan account.Apr 15, 2018

Answered by worldqueen2
2

Answer:

In cases of retirement, the partners can retire only at the end of an accounting year whereas death of a partner may occur at anytime during the year ... The balance in the retiring partner's account is either paid in lumsump or by transferring it to his loan account

Similar questions