Accountancy, asked by hetrathod765, 10 months ago

The balance in the capital account of the deceased partner is transferred to his _________ account​

Answers

Answered by athamadaswp
2

Answer:

hope it helps you alot

Explanation:

The account to which deceased partner's capital balance is transferred is known as Deceased Partner's Executors' Loan Account. The amount due is transferred to this account because actually, the payment is required to be made to the heirs of the deceased partner.

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