There are two statements marked as Assertion (A) and Reason (R). Mark your answer as per the options given below.
Assertion (A): At the time of death of a partner, the deceased partner will get his share in the General Reserve or any other reserve and credit balance of the profit and loss Account.
Reason (R): Deceased partner will get his share of the Workmen Compensation Reserve if some amount remains after a claim.
Answer & explanation
Correct answer: option 2
Both statements are true but the reason is not the explanation of assertion.