At what rate interest is payable on the amount remaining unpaid to the executor of deceased partner? (C.B.S.E. 2019 M.P.) Post category:Accountancy Reading time:1 mins read SOLUTION 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 PostName 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. Next PostSlate any two items of deduction that may have to be made from the amount payable to a retiring partner. You Might Also Like Unless given otherwise, what will be the ratio of sacrifice of the old partner in the case of admission of a new partner? (C.B.S.E. 2019 Chennai) September 26, 2022 A, B, C, and D are partners in a firm sharing profits as 4: 3: 2: 1 respectively. It earned a profit of Rs. 1,80,000 for the year ended 31st March, 2018. As per the Partnership Deed, they are to charge a commission @ 20% of the profit after charging such commission which they will share as 2: 3: 2: 3. You are required to show appropriation of profits among the partners. July 21, 2022 Classify the following activities as (i) Operating, (ii) Investing or (iii) Financing in case of a ‘Financial Enterprise’: (a) Proceeds from Sale of Investments; (b) Interest received on Debentures held as Investment October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Unless given otherwise, what will be the ratio of sacrifice of the old partner in the case of admission of a new partner? (C.B.S.E. 2019 Chennai) September 26, 2022
A, B, C, and D are partners in a firm sharing profits as 4: 3: 2: 1 respectively. It earned a profit of Rs. 1,80,000 for the year ended 31st March, 2018. As per the Partnership Deed, they are to charge a commission @ 20% of the profit after charging such commission which they will share as 2: 3: 2: 3. You are required to show appropriation of profits among the partners. July 21, 2022
Classify the following activities as (i) Operating, (ii) Investing or (iii) Financing in case of a ‘Financial Enterprise’: (a) Proceeds from Sale of Investments; (b) Interest received on Debentures held as Investment October 4, 2022
