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RP
Question Practice

If a partner dies, how is their share of profit calculated for the period until the date of death?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

If a partner dies, how is thei...

Single Answer MCQ
Q-00082320

If a partner dies, how is their share of profit calculated for the period until the date of death?

1

Based on the final profit of the year

2

Average profit of previous years

3

Based on sales figures

4

All of the above

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How will you compute the amount payable to a deceased partner?

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Q4.

Discuss the various methods of computing the share in profits in the event of death of a partner.

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