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Profit-Sharing ratio is the ratio in which the partners have agreed to share: -

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Question

Profit-Sharing ratio is the ratio in which the partners have agreed to share:

Options

  • Profit and Losses

  • Profit only

  • Losses only

  • None of the options

MCQ

Solution

Profit and Losses

shaalaa.com
Adjustment for Accumulated Profits and Losses
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