CBSE BOARD XII, asked by sanyamajoka, 4 months ago

which account is opened to transfer deceased partner ' s share of profit to his capital account?

Answers

Answered by jainsakshi351

1

Answer: Profit &loss suspense

Explanation: profit and loss suspense account is opened to transfer the share of profit to the capital account till the time of death.

Previous Question

Next Question

Similar questions

English, 2 months ago

plz say me the answer continue the conversation...

English, 2 months ago

Q.2 (A) Write down the method for cooking pasta from the given ingredients. 5  Ingredients and amounts Dried pasta ¾ cup Butter 1 tablespoon Amul cheese spread 2-3 tablespoon Milk ¼ cup Salt pinch please give me full answer ...

Computer Science, 2 months ago

write a program in QBASIC to display 20 even positive numbers from 10...

Computer Science, 4 months ago

1. __________ appears at the bottom of the Excel window A) tittle bar B) formula bar C) work sheet D name box computer questions...

English, 4 months ago

what happen to our bady when wesleep ?

English, 10 months ago

the big bang was the inevitable consequence of the law of physics add a question tag...

Biology, 10 months ago

please say some important question for HSC board exam...

Math, 10 months ago

help pls I am not getting this...