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  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    In the absence of partnership deed profit sharing ratio will be:

    A) Capital Ratio

    B) Senior partner will get more profit

    C) Profits will not be distributed

    D) Equal ratio irrespective of capitals

    Correct Answer: D

    Solution :

    Equal ratio irrespective of capitals


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