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Which account would be debited for being deceased partner's share of loss for the intervening period in the books of account?

Solution

✅ Correct Option: 3

Profit or loss from the last balance sheet date to the date of death is routed through Profit and Loss Suspense A/c. For a share of loss the entry is Deceased Partner's Capital A/c Dr. to Profit and Loss Suspense A/c, so the account debited is the deceased partner's capital account; the Suspense account is credited here.

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