Reason for preparing Profit and Loss suspense Account is to
A. Adjust the profit of deceased partner
B. Adjust the Revaluation profit
C. Adjust the capital of deceased partner
D. Adjust the Revaluation loss
Answer:A
Reason for preparing Profit and Loss suspense Account is to
A. Adjust the profit of deceased partner B. Adjust the Revaluation profit C. Adjust the capital of deceased partner D. Adjust the Revaluation loss