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What happens to the profit or loss from the revaluation of assets and liabilities?a)Transferred to the new partner’s capital accountb)Shared equally among all partnersc)Transferred to the old partners' capital accounts in the old profit-sharing ratiod)Invested back into the firmCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What happens to the profit or loss from the revaluation of assets and liabilities?a)Transferred to the new partner’s capital accountb)Shared equally among all partnersc)Transferred to the old partners' capital accounts in the old profit-sharing ratiod)Invested back into the firmCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What happens to the profit or loss from the revaluation of assets and liabilities?a)Transferred to the new partner’s capital accountb)Shared equally among all partnersc)Transferred to the old partners' capital accounts in the old profit-sharing ratiod)Invested back into the firmCorrect answer is option 'C'. Can you explain this answer?.

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