On the death of a partner, Final payments are made through -
(A) Capital A/C
(B) Executor’s A/C
(C) Current A/C
(D) None of these
Answered Feb 05, 2023
Correct option is: (B) Executor’s A/C
Correct Answer is Co-parcener
Minor as a partner
Correct option is: (A) Current Liabilities
Correct option is: (A) Capital Receipt
Correct option is: (B) Assets - Liabilities
Correct option is: (B) Cash balance
Correct option is: (C) All revenue and capital receipts and payments
Correct option is: (B) Capital payment
Correct option is: (B) Appropriation
Correct Answer - (i) False; (ii) False; (iii) True; (iv) False; (v) True (vi) True (vii) False (viii) True (ix) False (x) True (xi) True (xii) True
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