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If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to: ________a)Profit & Loss A/C credit sideb)Profit & Loss suspense A/C debit sidec)Retiring partners capital A/C debit sided)Profit & Loss suspense A/C credit sideCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2025 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to: ________a)Profit & Loss A/C credit sideb)Profit & Loss suspense A/C debit sidec)Retiring partners capital A/C debit sided)Profit & Loss suspense A/C credit sideCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to: ________a)Profit & Loss A/C credit sideb)Profit & Loss suspense A/C debit sidec)Retiring partners capital A/C debit sided)Profit & Loss suspense A/C credit sideCorrect answer is option 'B'. Can you explain this answer?.

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Here you can find the meaning of If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to: ________a)Profit & Loss A/C credit sideb)Profit & Loss suspense A/C debit sidec)Retiring partners capital A/C debit sided)Profit & Loss suspense A/C credit sideCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to: ________a)Profit & Loss A/C credit sideb)Profit & Loss suspense A/C debit sidec)Retiring partners capital A/C debit sided)Profit & Loss suspense A/C credit sideCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to: ________a)Profit & Loss A/C credit sideb)Profit & Loss suspense A/C debit sidec)Retiring partners capital A/C debit sided)Profit & Loss suspense A/C credit sideCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to: ________a)Profit & Loss A/C credit sideb)Profit & Loss suspense A/C debit sidec)Retiring partners capital A/C debit sided)Profit & Loss suspense A/C credit sideCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to: ________a)Profit & Loss A/C credit sideb)Profit & Loss suspense A/C debit sidec)Retiring partners capital A/C debit sided)Profit & Loss suspense A/C credit sideCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.