1. In relation to taking the share of the deceased partner by the rest of the partners in case of non-availability of weather information, is taken that his/her share will be taken in ...............

2. The amount due to the deceased partner is paid to his ......:........

3. The executors of the deceased partner will be paid interest on the amount due from the date of death of the partner at:

4. Revaluation Account is prepared at the time of ................

5. On the death of a partner, payments are made through:

6. JLP of the partners is a/an ................ account.

7. In the event of death of a partner, the accumulated profit and losses are shared by the partners in their:

8. X, Y, and Z are the partners sharing profits in the ratio of 2:1:1. Firm has a joint life policy of ₹ 1,20,000 and in the balance sheet it is appearing at the surrender value, i.e., distributed among partners.

9. A, B, and C are partners sharing profits and losses in the ratio of 3:2:1 . On 1.3.2016 C died. The average profits of the firm for the last 4 years were ₹ 72,000. Books are closed on 31st December. C's share of profit till the date of his death will be:

10. What are the methods of calculating the share of the deceased partner in the profit of the firm up to the date of death:

11. As per section 37 of the Indian Partnership Act, the executors would be entitled at their choice to interest calculated from the date of death till the day of payment on the final amount due to the deceased partner at .............. percent per annum.

12. A, B, and C are partners sharing profits and losses in the ratio of 3:2:1. C dies and Goodwill of the firm is valued at ₹ 60,000. The amount payable to the executors of the deceased partner will be:

13. M, L, and A are partners sharing profits in the ratio of 9:4:3. They have taken a joint life policy of ₹ 96,000. A dies. What is the share of A in the JLP amount?

14. On the death of a partner, the firm gets .............. for joint life policy Tekken for all partners.

15. A, B, and C are partners sharing profits in the ratio of 3:2:1. They had a Joint Life Policy of ₹ 3,00,000. The surrender value of JLP in the Balance Sheet is ₹ 90,000. Does C die what is the share of each partner in JLP?

16. On the death of a partner, his executor is paid the profits of the deceased partner for the relevant period. This payment is recorded in Profit and Loss ............. A/c.

17. Join Life Policy amount received by a firm is distributed in:

18. Which account is prepared at the time of retirement or death of a partner to show the change in the value of Assets and Liabilities?

19. In case of death of a partner, the whole amount standing to the credit of his account is transferred to:

20. X, Y, and Z share profits in the ratio of 1/2: 1/3: 1/6, and Z dies. The new ratio of X and Z will be:

21. A, B, and C are partners sharing profits and losses in the ratio of 2:2:1. C died on 31st March 2016. The profits of the financial year ending 31st March 2016 is ₹ 64,000. The share of the deceased partner in the profits will be:

22. B, C, and D are partners sharing profit in the ratio of 7:5:4. D died on 30th June 2016 end profits for the year 2015-16 were ₹ 12,000. How many shares in profits for the period Ist April 2016 to 30th June 2016 will be credited to D's Account?

23. On the death of a partner, the amount of Joint Life Insurance Policy is credited to the Capital Account of:

24. On the death of a partner the profit on a revolution is transferred to capital A/c:

25. On the death of a partner, the remaining partners who have gained due to a change in profit sharing ratio should compensate the:

26. In the absence of other information relating to the acquiring the share of profits of the deceased partner by remaining partners, it is assumed that they shall acquire his share in: