Multiple Choice Questions on Reserves and accumulated profits are transferred to partners 39 capital accounts at the time of........... for Commerce 12th Preparation

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Multiple Choice Questions

Reserves and accumulated profits are transferred to partners 39 capital accounts at the time of...........

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    Reserves and accumulated profits are transferred to partners' capital accounts at the time of reconstitution in:

    Old profit-sharing ratio

    Correct Answer

    Sacrificing Ratio

    Incorrect Answer

    Gaining ratio

    Incorrect Answer

    New profit-sharing ratio

    Incorrect Answer
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    Explanation:

    Old profit-sharing ratio

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