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RP
Question Practice

If two partners share profits in the ratio of 4:1 and one partner retires, what will be the ratio of the remaining partners in the absence of an agreement?

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MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

If two partners share profits ...

Single Answer MCQ
Q-00082222

If two partners share profits in the ratio of 4:1 and one partner retires, what will be the ratio of the remaining partners in the absence of an agreement?

1

4:1

2

3:2

3

5:0

4

3:1

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Q1.

What are the different ways in which a partner can retire from a firm?

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Q2.

Explain the treatment of goodwill at the time of retirement or on the event of death of a partner.

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Q3.

How will you compute the amount payable to a deceased partner?

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Q4.

Discuss the various methods of computing the share in profits in the event of death of a partner.

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