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Which of the following is/are required at the time of change in profit sharing ratio among partners? -

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Question

Which of the following is/are required at the time of change in profit sharing ratio among partners?

Options

  • Accounting treatment of goodwill

  • Revaluation of assets and reassessment of liabilities

  • Accounting treatment of Accumulated Profit

  • All of the above

MCQ

Solution

All of the above.

shaalaa.com
Change in Profit Sharing Ratio Among the Existing Partners
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