Question

Name two adjustments to be made at the time of death of a partner​

Answer 1

The adjustments to be done in the accounts incase of death of a partner is the same as in the case of retirement of a partner except settlement of the amount due to the deceased partner. Incase of retirement, the amount due from the firm is paid to the partner himself.

Answer 2

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✎The adjustments to be done in the accounts incase of death of a partner is the same as in the case of retirement of a partner except settlement of the amount due to the deceased partner. Incase of retirement, the amount due from the firm is paid to the partner himself.