Page 2 - ha1 death of partner

d) Both

05. A, B, and C are partners in 3:4:2. On the death of B. The profit on

revaluation on that date was Rs 36,000. The new ratio of A and C is 5:3. Profit

on revaluation will be distributed as

A) A Rs16,000, B Rs12,000, C Rs 8,000

B) A Rs12,000, B Rs16,000, C Rs 8,000

C) A Rs 22,500, C Rs13,500

D) A Rs 23,625, C Rs12,375

06. A, B, and C are equal partners. On C death. He surrenders 3/5th of his share

in favour of A and 2/5th in favour of B. New ratio will be

A) 3:2

B) 8:7

C) 7:8

D) 2:3

07. Profit on revaluation account will appear which side of the deceased

partner capital account.

a) Debit side

b) Credit side

c) Both

d) None of the above