After the death of a partner, the amount due to the deceased partner by his capital account is transferred to his account.

current

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bank

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executor's

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loan

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Solution

The correct option is C executor's
An executor account is an account which allows the executor(s) to gather payments due to the deceased's estate before being distributed to the beneficiaries. After the death of a partner, the balance in his capital account is transferred to his executor's account.

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Amount due to a deceased partner shown by his capital account is transferred to his ___

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?

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