Name the account which is opened to credit the share of profit of the deceased partner, till the time of his death to his Capital Account. Post category:Accountancy Reading time:1 mins read SOLUTION Profit and Loss Suspense Account 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 PostHow goodwill is recorded on the retirement or death of a partner? Next PostAt what rate interest is payable on the amount remaining unpaid to the executor of deceased partner? (C.B.S.E. 2019 M.P.) You Might Also Like What is meant by called up Capital? September 28, 2022 A company receives a dividend of Rs. 2 Lakhs on its investment in other company’s shares. Will it be cash inflow from operating or investing activities in case of a (i) Finance Company; (ii) Non-finance Company? October 6, 2022 Differentiate between Called-up Share Capital’ and ‘Paid-up Share Capital’. (C.B.S.E.2016 Comptt. Delhi) September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A company receives a dividend of Rs. 2 Lakhs on its investment in other company’s shares. Will it be cash inflow from operating or investing activities in case of a (i) Finance Company; (ii) Non-finance Company? October 6, 2022
Differentiate between Called-up Share Capital’ and ‘Paid-up Share Capital’. (C.B.S.E.2016 Comptt. Delhi) September 28, 2022