Question Description
L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer?.

Solutions for L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer?, a detailed solution for L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.a)Distribute profit between L and N in the ratio of 3:2b)Distribute profit between L and N in the ratio of 1:11c)Distribute profit between L and N equallyd)Distribute profit between L and N in the ratio of 3:1Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.