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  3. 12th Class
  4. Accountancy
  5. Change in Profit Sharing Ratio Among Existing Partner

12th Class Accountancy Change in Profit Sharing Ratio Among Existing Partner Question Bank Case Based - Change in Profit-Sharing Ratio Among Existing Partners

  • question_answer
    While making adjustment for goodwill, Rehman's Capital Account will be:

    A) Debited by Rs. 10,000

    B) Debited by Rs.40,000

    C) Credited by Rs. 10,000

    D) Credited by Rs.40,000

    Correct Answer: B

    Solution :

    Debited by Rs.40,000


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