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प्रश्न
The profit or loss on revaluation of assets and liabilities is transferred to the capital account of ___________.
विकल्प
the old partners
the new partner
all the partners
the Sacrificing partners
उत्तर
The profit or loss on revaluation of assets and liabilities is transferred to the capital account of the old partners.
APPEARS IN
संबंधित प्रश्न
Answer in one sentence only.
What is meant by admission of partner?
Write the word/term or phrase which can substitute the following statement.
Excess actual capital over proportionate capital.
Write the word/term or phrase which can substitute the following statement.
Profit and Loss Account appearing on the asset side of a balance sheet.
Write a word/phrase/term which can substitute the following statement.
The proportion in which old partners make a sacrifice.
Write a word/phrase/term which can substitute the following statement.
Old ratio - New ratio =
State True or False with reason.
The gain ratio is calculated at the time of admission of a partner.
State True or False with reason.
The new ratio minus old ratio is equal to the sacrifice ratio.
Excess of proportionate capital over actual capital represents _________.
Answer in one sentence.
What is sacrifice ratio?
What is the sacrifice ratio?
