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Retiring partner is entitled to share in Reserve Fundand Accumulated Profit. - Book Keeping and Accountancy

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Question

Retiring partner is entitled to share in Reserve Fundand Accumulated Profit.

Options

  • Agree

  • Disagree

MCQ
True or False
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Solution

I agree with the given statement.

shaalaa.com
Admission of Partner> Reserves and Accumulated Profit/Losses - General Reserve
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2023-2024 (March) Official
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