2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Admission of a Partner

12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    Accumulated profits/losses & reserves are shared by the old partners in their:

    A) Capital Ratio      

    B) New Profit Sharing Ratio

    C) Sacrificing Ratio  

    D) Old Profit Sharing Ratio

    Correct Answer: D

    Solution :

    [d] Old Profit Sharing Ratio


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