Advertisements
Advertisements
Question
Answer in one sentence only.
To whom you distribute General Reserve on the death of a partner?
One Line Answer
Advertisements
Solution
On death of a partner general reserve is distributed among all partners in their old profit and loss 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]
