2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Change in Profit Sharing Ratio Among Existing Partner

12th Class Accountancy Change in Profit Sharing Ratio Among Existing Partner Question Bank MCQs - Change in Profit-Sharing Ratio Among Existing Partners

  • question_answer
    Which of the following is transferred to the partners' capital account?

    A) Land and Buildings

    B) Loan (short-term)

    C) General Reserve 

    D) Creditors

    Correct Answer: C

    Solution :

    General Reserve


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