Share of profit of a deceased partner's will be debited to: | Accountancy | SolveeIt | Solveeit

Today, August 19

Question

Share of profit of a deceased partner's will be debited to:

A

Profit and Loss Appropriation A/c

B

Partner's Capital A/c

C

Revaluation A/c

D

Profit and Loss Suspense A/c

Answer

Profit and Loss Suspense A/c

Explanation

Solution

The correct option is (D) : Profit and Loss Suspense A/c