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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.



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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)

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