On the death of a partner, the amount due to the deceased pa... — Accountancy 2026

Question 63 Accountancy 2026 Medium MCQ +4.00 marks

On the death of a partner, the amount due to the deceased partner is transferred to:

A. His/her capital account and then to his/her executor's account B. The remaining partners' accounts equally C. The firm's reserve account D. Written off entirely

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