Write a word, term, phrase, which can substitute the following statement.

1) Excess of credit side over the debit side of profit and loss adjustment account.
Ans:- Profit


2) A Person who represents the deceased partner on the death of the Partner.
Ans:- Legal Heir’s or Executor


3) Accumulated past profit kept in the form of reserve.
Ans:- Reserve fund or General reserve.


4) The Partner who died.
Ans:- Deceased partner.


5) The proportion in which the continuing partners benefit due to the death of a partner.
Ans:- Gain/Benefit ratio