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प्रश्न
In what proportion is the balance on Realisation Account transferred to Partner's Capital Account?
पर्याय
Profit-sharing ratio
Gaining ratio
Sacrificing ratio
None of the above
MCQ
उत्तर
Profit-sharing ratio
Explanation:
In their profit-sharing ratio, the balance of the Realisation Account will be transferred to Partners' Capital Accounts. If the partnership deed is silent, revenues or losses from the Realisation Account are to be split equally among all of the firm's partners.
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