Page 6 - LM DEATH OF A PARTNER

P. 6

To Deceased Partner’s Capital A/c

(Being transfer of the share
of reserve and undistributed profit to

deceased partner’s capital)

2. Revaluation A/c Dr.

To Deceased Partner’s Capital A/c

(Being transfer of the share of
revaluation profit to deceased partner’s

capital)

3. Deceased Partner’s Capital A/c Dr.

To Revaluation A/c

(Being transfer of the share of
revaluation loss to deceased partner’s

capital)

4. Profit and Loss Suspense A/c Dr.

1 2 3 4 5 6 7 8