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 shown in the debit side of partners' capital account?

    A) Profit on revaluation

    B) Loss on revaluation

    C) P/L Appropriation Account (Profit)

    D) Profit and Loss Account (Cr. Balance)

    Correct Answer: B

    Solution :

    Loss on revaluation


You need to login to perform this action.
You will be redirected in 3 sec spinner