Question

Identify the correct sequence to be followed at the time of Death of Partner :
A. Calculation of gaining Ratio.
B. Treatment of goodwill
C. Calculation of new Profit Ratio
D. Calculation of Amount transferred to Decreased Partner's Executor
E. Preparation of deceased Partner Capital Account
Choose the correct answer from the options given below :

• A. C, D, E, A, B
• B. A, D, B, C, E
• C. C, A, B, E, D
• D. E, A, B, C, D

Answer 1

The Correct Option is C

The correct option is (C) :C, A, B, E, D.