Question Description
The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer?.

Solutions for The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The amount received by a partnership firm from the insurance company on the maturity of a Joint Life Policy taken by the firm will be distributed amongst the partner.a)Equallyb)In the profit sharing ratioc)In the ratio of capital balances at the beginning of the yeard)In the ratio of capital balances at the end of the accounting yearCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.