On the death of partner his executors are paid the share of deceased partner in the profit of the firm till the date of his death. This amount is recorded in profit and loss____ A/c is recorded in Profit and Loss
  • a)
    Adjustment
  • b)
    Appropriation
  • c)
    Suspense
  • d)
    Reserve
Correct answer is option 'C'. Can you explain this answer?

CA Foundation Question

Can you answer this question?

People are searching for an answer to this question.
This discussion on On the death of partner his executors are paidthe share of deceased partner in the profit of the firm till the date of his death. This amount is recorded in profit and loss____ A/c is recorded in Profit and Lossa)Adjustmentb)Appropriationc)Suspensed)ReserveCorrect answer is option 'C'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of On the death of partner his executors are paidthe share of deceased partner in the profit of the firm till the date of his death. This amount is recorded in profit and loss____ A/c is recorded in Profit and Lossa)Adjustmentb)Appropriationc)Suspensed)ReserveCorrect answer is option 'C'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like On the death of partner his executors are paidthe share of deceased partner in the profit of the firm till the date of his death. This amount is recorded in profit and loss____ A/c is recorded in Profit and Lossa)Adjustmentb)Appropriationc)Suspensed)ReserveCorrect answer is option 'C'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.
This discussion on On the death of partner his executors are paidthe share of deceased partner in the profit of the firm till the date of his death. This amount is recorded in profit and loss____ A/c is recorded in Profit and Lossa)Adjustmentb)Appropriationc)Suspensed)ReserveCorrect answer is option 'C'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of On the death of partner his executors are paidthe share of deceased partner in the profit of the firm till the date of his death. This amount is recorded in profit and loss____ A/c is recorded in Profit and Lossa)Adjustmentb)Appropriationc)Suspensed)ReserveCorrect answer is option 'C'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like On the death of partner his executors are paidthe share of deceased partner in the profit of the firm till the date of his death. This amount is recorded in profit and loss____ A/c is recorded in Profit and Lossa)Adjustmentb)Appropriationc)Suspensed)ReserveCorrect answer is option 'C'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.