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Match the following items: (i) Advertisement Suspense A/c appearing in Balance Sheet at the time of death of a partner (a) New Ratio (ii) Profit earned after retirement of partner is distributed among

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Question

Match the following items:

(i) Advertisement Suspense A/c appearing in Balance Sheet at the time of death of a partner (a) New Ratio
(ii) Profit earned after retirement of partner is distributed among remaining partners in (b) Old Ratio
    (c) Sacrifice Ratio
    (d) Gaining Ratio
Match the Columns
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Solution

(i) Advertisement Suspense A/c appearing in Balance Sheet at the time of death of a partner (b) Old Ratio
(ii) Profit earned after retirement of partner is distributed among remaining partners in (a) New Ratio
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Chapter 4: Retirement or Death of a Partner - OBJECTIVE TYPE QUESTIONS [Page 4.160]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 4 Retirement or Death of a Partner
OBJECTIVE TYPE QUESTIONS | Q (D) 10. | Page 4.160
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