CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Accumulated Profits/ Losses & Reserves on the retirement of a partner is shared by the partners in their :


A

Gaining Ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Old Profit Sharing ratio

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

New Profit Sharing Ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

Capital Ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Old Profit Sharing ratio


Accumulated Profits/ Losses & Reserves on the retirement of a partner is shared by the partner in their old profit sharing ratio


flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Retirement of a Partner - II
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon