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Question
An account operated to ascertain the loss or gain at the time of death of a partner is called ______.
Options
Realisation Account
Revaluation Account
Executor's Account
Deceased Partner's Account
MCQ
Fill in the Blanks
Solution
An account operated to ascertain the loss or gain at the time of death of a partner is called Revaluation Account.
shaalaa.com
Retirement or Death of a Partner - Revaluation of Assets and Liabilities
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