Advertisements
Advertisements
Question
At the time of admission, if the book value and market value of investments is same, Investment Fluctuation Reserve is transferred to ______ accounts of the old partners in their ______ ratio.
Fill in the Blanks
Advertisements
Solution
At the time of admission, if the book value and market value of investments is same, Investment Fluctuation Reserve is transferred to capital accounts of the old partners in their old ratio.
shaalaa.com
Is there an error in this question or solution?
