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AP
Question Practice

In sharing profits, which of the following determines how much each partner receives?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Accounting for Partnership: Ba...
Question Bank

In sharing profits, which of t...

Single Answer MCQ
Q-00082059

In sharing profits, which of the following determines how much each partner receives?

1

Current capital balance

2

Profit-sharing ratio

3

Interest on capital

4

Drawings made by partners

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Q4.

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