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A : B : C are partners sharing profits and losses in this ratio 3 : 2 : 1. On 1th November C died. His capital balances after all adjustments was ₹60,
Question

A : B : C are partners sharing profits and losses in this ratio 3 : 2 : 1. On 1th November C died. His capital balances after all adjustments was ₹60,000. A and B decided to transfer this amount to his Executor A/c. What will be this journal entry?

A.

A

B.

B

C.

C

D.

D

Correct option is A

Journal Entry for transfer of amount to C’s Executors Account

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