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Wat is executors account??why is it …

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Wat is executors account??why is it prepared?when is it prepared?

Posted by Deepthi Harinath 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Jot Randhawa 6 years, 10 months ago

Executors a/c made for the deceased partner and the profit will be transfer to deceased partner's legal heir.it us prepared when any of partner of partnership firm is deceased (died).it is prepared to give the share of deceased partner's profits to his/her legal heir

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