CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Meaning of Executor

The amount du...

Question

The amount due to deceased partner is paid to his...........

A

Friends

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Wife

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Executor

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

His father

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Executor
Option C is the correct answer.

Suggest Corrections

thumbs-up

0

Similar questions

Q. State whether the following statements are true or false :

Total amount due to deceased partner is paid in cash to executor immediately after his death.

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

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

Q. The amount is paid to executor of deceased partner for his share of profit. This payment is recorded in profit and loss account.

Q. State whether the following statements are true or false :

An amount due to a deceased partner is transferred to his executor’s loan A/c.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Death of a Partner

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Meaning of Executor

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon