Maharashtra State BoardHSC Arts 12th Board Exam
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Write a word/phrase/term which can substitute the following statement. The ratio in which general reserve is distributed to the old partners. - Book Keeping and Accountancy

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One Word Answer

Write a word/phrase/term which can substitute the following statement.

The ratio in which general reserve is distributed to the old partners.

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Solution

The ratio in which general reserve is distributed to the old partners. - Old Ratio 

Concept: Admission of a Partner
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APPEARS IN

Balbharati Book-keeping and Accountancy 12th Standard HSC Maharashtra State Board
Chapter 3 Reconstitution of Partnership (Admission of Partner)
Exercise 3 (Objective Type Questions) | Q 1. (B) 4. | Page 159

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