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 Why does the Fixed Capital Account of partners show credit balance even when the firm suffers losses year after year? (C.B.S.E. 2020, Mumbai, Chennai) September 23, 2022 Alka Ltd. issued 5,000, 10% Debentures of Rs. 1,000 each at a discount of 10% redeemable at a premium of 5% after 5 years. According to the terms of issue Rs. 500 was payable on application and the balance amount on allotment of debentures. Record necessary entries regarding issue of 10% Debentures. July 16, 2022 In the absence of provision in the Partnership Deed, in which ratio is the deficiency arising out of guarantee of profit to a partner borne by the other partners? (CBSE 2019) October 7, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Why does the Fixed Capital Account of partners show credit balance even when the firm suffers losses year after year? (C.B.S.E. 2020, Mumbai, Chennai) September 23, 2022
Alka Ltd. issued 5,000, 10% Debentures of Rs. 1,000 each at a discount of 10% redeemable at a premium of 5% after 5 years. According to the terms of issue Rs. 500 was payable on application and the balance amount on allotment of debentures. Record necessary entries regarding issue of 10% Debentures. July 16, 2022
In the absence of provision in the Partnership Deed, in which ratio is the deficiency arising out of guarantee of profit to a partner borne by the other partners? (CBSE 2019) October 7, 2022
