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RP
Question Practice

What must be considered when preparing to transfer accumulated profits?

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
Reconstitution of a Partnershi...
Question Bank

What must be considered when p...

Single Answer MCQ
Q-00082288

What must be considered when preparing to transfer accumulated profits?

1

Existing liabilities

2

New profit-sharing ratios

3

Duration of partnership

4

Nature of accumulated profits

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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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