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    The Deceased Partner's Capital Account includes the following amount/balances: (A) Opening balance of his capital (B) His share of profit/loss til
    Question

    The Deceased Partner's Capital Account includes the following amount/balances:
    (A) Opening balance of his capital
    (B) His share of profit/loss till the date of death
    (C) His share of General Reserve
    (D) His drawings till the date of death
    (E) Amount paid to his executors
    Choose the correct answer from the options given below:

    A.

    (A), (B) (D) and (E) only

    B.

    (A), (B), (C) and (D) only

    C.

    (A), (B) and (C) only

    D.

    (A), (B), (C) and (E) only

    Correct option is B

    The Deceased Partner's Capital Account includes the following amount/balances:
    (A) Opening balance of his capital: The initial capital balance of the deceased partner as per the last balance sheet.
    (B) His share of profit/loss till the date of death: The proportionate share of profit or loss attributable to the deceased partner up to the date of their death.
    (C) His share of General Reserve: The deceased partner's portion of the accumulated reserves allocated up to the date of death.
    (D) His drawings till the date of death: The total amount withdrawn by the deceased partner from their capital account up to the date of death.