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In which ratio do the remaining partners acquire the share of deceased partner? (Delhi and AI 2018 C)

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Remaining partners acquire the share of deceased partner in their gaining ratio.



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Previous PostAt what rate is interest payable on the amount remaining unpaid to the executor of deceased partner? (AI 2013)
Next PostState the basis of calculating the amount of profit payable to the legal representative of a deceased partner in the year of death. (C.B.S.E. 2019)

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