Please answer :) Akaqsh Naveen and Zaid are partners sharing profits in the ratio of 3:2:2 Zaid on - Accountancy - Reconstitution- Retirement/Death of a Partner

Question

Please answer :)
Akaqsh Naveen and Zaid are partners sharing profits in the ratio of
3:2:2 Zaid on 1st September, 2016 The total amount owed
by the firm to his executor was Rs 60,000 The firm decided to pay
him in three equal annual instalments carrying interest @6% p a
beginning with 1st September, 2017 Pass the journal
entry for recording the above transaction on the date of Zaid's
death

R.mrrithunjjayan · Accepted Answer

Zaid's capital a/c Dr 60,000
To Zaid's executor's a/c 60,000