At what rate is interest payable on the amount remaining unpaid to the executor of deceased partner? (AI 2013) Post category:Accountancy Reading time:1 mins read SOLUTION Rate of interest is 6% p.a. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostDifferentiate between ‘Profit & Loss Appropriation Account’ and ‘Profit & Loss Suspense Account’. (Delhi and Al 2015 C) Next PostIn which ratio do the remaining partners acquire the share of deceased partner? (Delhi and AI 2018 C) You Might Also Like State the order of payment of the following, in case of dissolution of partnership firm: (i) to each partner proportionately what is due to him / her from the firm for advances as distinguished from capital (i.e., partners’ loan); (ii) to each partner proportionately what is due to him on account of capital; and (iii) for the debts of the firm to the third parties. (C.B.S.E. Sample Paper, 2019) September 27, 2022 Give two items which may appear on the debit side of Partner’s Current Account. (Delhi and AI 2018 C) October 7, 2022 On dissolution of a firm, its Balance Sheet revealed total creditors Rs. 50,000; Total Capital Rs. 48,000; Cash Balance Rs. 3,000. Its assets were realised at 12% less. What will be loss on realisation? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
State the order of payment of the following, in case of dissolution of partnership firm: (i) to each partner proportionately what is due to him / her from the firm for advances as distinguished from capital (i.e., partners’ loan); (ii) to each partner proportionately what is due to him on account of capital; and (iii) for the debts of the firm to the third parties. (C.B.S.E. Sample Paper, 2019) September 27, 2022
Give two items which may appear on the debit side of Partner’s Current Account. (Delhi and AI 2018 C) October 7, 2022
On dissolution of a firm, its Balance Sheet revealed total creditors Rs. 50,000; Total Capital Rs. 48,000; Cash Balance Rs. 3,000. Its assets were realised at 12% less. What will be loss on realisation? September 27, 2022
