MCQOPTIONS
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| 1. |
In case of death of a partner, his share in the profits of the firm till the date of his death will be debited to ______ A/c. |
| A. | Profit and Loss Appropriation |
| B. | Profit and Loss Suspense |
| C. | Profit and Loss Adjustment |
| D. | Profit and Loss |
| Answer» C. Profit and Loss Adjustment | |