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 How much amount will be paid to A, if his opening capital is Rs. 2,00,000 and his share of realisation profit amounts to Rs. 10,000 and he has taken over assets valuing Rs. 25,000 from the firm? September 27, 2022 A, B and C are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2019 is: August 4, 2022 R Ltd. purchased the assets of S Ltd. for Rs. 5,00,000. It also agreed to take over the liabilities of S Ltd. amounted to Rs. 2,00,000 for a purchase consideration of Rs. 2,80,000. The payment of S Ltd. was made by issue of 9% Debentures of Rs. 100 each at par. Pass necessary journal entries in the books of R Ltd. July 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
How much amount will be paid to A, if his opening capital is Rs. 2,00,000 and his share of realisation profit amounts to Rs. 10,000 and he has taken over assets valuing Rs. 25,000 from the firm? September 27, 2022
A, B and C are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2019 is: August 4, 2022
R Ltd. purchased the assets of S Ltd. for Rs. 5,00,000. It also agreed to take over the liabilities of S Ltd. amounted to Rs. 2,00,000 for a purchase consideration of Rs. 2,80,000. The payment of S Ltd. was made by issue of 9% Debentures of Rs. 100 each at par. Pass necessary journal entries in the books of R Ltd. July 16, 2022