Question

elecu (1)
eet till to the date of death of a partner
4. Expand SK.
5. What do you mean by retirement of a partner!
6. Deceased partner's claim is transferred to his Executor's Account (State T/F).
Issued capital is part of
c) Authorised capital d) None of the above
partner.​

Answer 1

Answer:

2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)

(1) Goods A/C

(2) Wages A/C

(3) Loan A/C

(4) Debtors A/C

(5) Creditors A/C

(6) Furniture A/C

(7) Bills Receivable A/C (8) Meena's Capital A/c (9) Drawing A/C

(10) Discount A/C

(11) Rent Received A/c (12) Building A/C

CANA