The amount due to the retiring partner is paid according to ___

None of the above

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

ongoing partner`s decision

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

partnership deed

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

his choice

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

Open in App

Solution

The correct option is C
partnership deed

The amount due to the retiring partner is paid according to Partnership deed.

Suggest Corrections

Similar questions

When the amount due to retiring partner is paid by cheque, which account is credited?

Join BYJU'S Learning Program