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The balance in the retiring or deceased partner's capital account is transferred to the _____ capital account in the profit sharing ratio? A) Solvent partners B) Insolvent partners C) Remaining partners D) New partners?
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The balance in the retiring or deceased partner's capital account is t...
A) Solvent partners: the reason is that the partners have to settle their account before retirement or admission or such so it is given to solvent partners
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The balance in the retiring or deceased partner's capital account is transferred to the _____ capital account in the profit sharing ratio? A) Solvent partners B) Insolvent partners C) Remaining partners D) New partners?
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The balance in the retiring or deceased partner's capital account is transferred to the _____ capital account in the profit sharing ratio? A) Solvent partners B) Insolvent partners C) Remaining partners D) New partners? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The balance in the retiring or deceased partner's capital account is transferred to the _____ capital account in the profit sharing ratio? A) Solvent partners B) Insolvent partners C) Remaining partners D) New partners? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The balance in the retiring or deceased partner's capital account is transferred to the _____ capital account in the profit sharing ratio? A) Solvent partners B) Insolvent partners C) Remaining partners D) New partners?.
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