Advertisements
Advertisements
Question
Answer in one sentence only.
In which ratio General Reserve is distributed on death of a partner?
One Line Answer
Advertisements
Solution
General reserve is distributed on the death of a partner in their old profit sharing ratio.
shaalaa.com
Is there an error in this question or solution?
Chapter 5: Reconstitution of Partnership (Death of Partner) - Exercise 5.1 (Objective Questions) [Page 201]
