What is the correct sequence at the time of death of a partner? (A) Amount paid to Executor (B) Preparation of Revaluation account (C) Calculation of Amount Payable to executor of Deceased partner (D) Calculation of Revaluation Gain/Loss (E) Balance of Executor's loan A/c Choose the correct answer from the options given below:
Match List I with List II:Choose the correct answer from the options given below:
Match List – I with List – II:Choose the correct answer from the options given below:
If the capital employed in a business is Rs 5,00,000, the average profit is Rs 60,000, and the normal rate of return is 6 %, the goodwill by the Capitalisation of Average Profit Method will be:
Select the correct sequence of accounting events for share capital; A. Receive application money B. Calls in advance C. Issue of prospectus D. Final call of share E. Allotment of share Choose the correct answer from the options given below:
When realisation expenses are paid by a partner on behalf of the firm, what is the journal entry made?
