Tamil Nadu Board of Secondary EducationHSC Commerce Class 12th

Match List I with List II and select the correct answer using the codes given below: List I List II (i) Sacrificing ratio 1. Investment fluctuation fund (ii) Old profit sharing ratio 2. - Accountancy

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MCQ

Match List I with List II and select the correct answer using the codes given below:

List I List II
(i) Sacrificing ratio 1. Investment fluctuation fund
(ii) Old profit sharing ratio 2. Accumulated profit
(iii) Revaluation Account 3. Goodwill
(iv) Capital Account 4. Unrecorded liability

Options

  • (i) (ii) (iii) (iv)
    1 2 3 4
  • (i) (ii) (iii) (iv)
    3 2 4 1
  • (i) (ii) (iii) (iv)
    4 3 2 1
  • (i) (ii) (iii) (iv)
    3 1 2 4
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Solution

(i) (ii) (iii) (iv)
3 2 4 1
Concept: New Profit Sharing Ratio and Sacrificing Ratio
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 12th Accountancy Answers Guide
Chapter 5 Admission of a partner
Multiple Choice questions | Q I 7. | Page 172
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