Accountancy, asked by Yougesh9959, 19 days ago

What journal entry will be recorded for deceased partner's share in profit from the closure of last balance sheet till the date of his death?

Answers

Answered by ptasamy16

0

Profit and loss suspension A/c Dr. to decrease partner's capital A/C

Previous Question

Next Question

Similar questions

English, 9 days ago

write whether the the following statements true or false correct the false statements, The author is an example of reverse migration...

Math, 9 days ago

The piece shown is 1/5 th of a watermelon. How many more piece exactly like this could you get from the same watermelon. Captionless Image (a) 1 (b) 4 (c) 7...

Math, 9 days ago

How many terms are there in the expression 2x+ 10...

Accountancy, 19 days ago

If Vendors are issued debentures of .Rs 80,000 in consideration of net assets of .Rs 1,00,000, the balance of .Rs 20,000 will be credited to :...

Accountancy, 19 days ago

A, B and C are equal partners. C retires. He surrenders `3//5`th of his share in favour of A and `2//5`th in favour of B. New ratio will be:...

English, 9 months ago

Autobiography of a pen in 200 word...

Physics, 9 months ago

Pls answer these questions...

Biology, 9 months ago

plz solve it plz..........