CROSSWORD PARTNERSHIP RETIREMENT AND DEATH

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Across
  1. 3. Rev A/C shows..in values of assets and liabilities
  2. 6. Share of profit of deceased partner can be calculated on ____basis.
  3. 7. Amount due to retiring partner is transferred to Retiring partner's__ A/c.
  4. 9. ___Goodwill can be recorded in balance sheet.
  5. 10. Goodwill appearing in the balance sheet is ___in old partners.
  6. 11. When firm pays an extra amount in excess of total amount due to deceased partner,the excess amount is treated as___
  7. 12. Old share of profit plus gained share equal to__ share
Down
  1. 1. Partner's capital is debited to record___losses.
  2. 2. Retiring partner is compensated by continuing partners in __ratio
  3. 4. The amount due to deceased partner is paid to his __
  4. 5. Winding up of a partnership firm is also called as___ of firm.
  5. 8. General reserve id distributed in old partners in__ratio.