Question

why do we open profit and loss suspese account during death of partner?

Answer 1

Answer:

The Profit and Loss Suspense Account is opened in the case of death of a partner in order to credit the share of the profit of the deceased partner's capital account till the time of his/her death.

Explanation:

Answer 2

$\underline{ANSWER\s}$

$\star$ The Profit and Loss Suspense Account is opened in the case of death of a partner in order to credit the share of the profit of the deceased partner's capital account till the time of his/her death.11-Jun-2018 $\star$

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