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प्रश्न
State Whether the following Statement is True or False:
In the event of death, profit or loss on revaluation is transferred to the continuing partners in the old profit sharing ratio.
चूक किंवा बरोबर
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उत्तर
The statement is false.
Explanation:
In the event of death, profit or loss on revaluation is transferred to all partners, including the deceased partner, in the old profit-sharing ratio.
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