Page 8 - LM DEATH OF A PARTNER

(Being transfer of the share of the joint
life policy to deceased partner’s capital

A/c)

8. Deceased Partner’s Capital A/c Dr.

To Deceased Partner’s Legal
Representative’s A/c

(Being transfer of final amount payable
to his legal representative’s A/c)

Deceased Partner’s Legal
9. Dr.
Representative’s A/c

To Bank A/c

(Being final payment to the Deceased
Partner’s Legal Representative)