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Due to which circumstances the existing partnor may decide to retire from the firm? Oa All of the options are correct Ob Poor heaith oe Okd oge Od Stroined or bod rolotions

Due to which circumstances the existing partnor may decide to retire from the firm? Oa All of the options are correct Ob Poor heaith oe Okd oge Od Stroined or bod rolotions

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Due to which circumstances the existing partner may decide to retire from the firm? Oa All of the options are correct O Poor heolth O e. Old age Od Strained or bad rolations Under fixed copital method solary payable to e partner is recorded: O o.n capital account OB Either in ourrent account or copital account Oe in current account od None of these are corect When A and B sharing profits and losses in the ratio 6.3, admit C as a partner giving him i/eth share of profitsP This will be given by A and B O an their prolit shoring ratio O b. Equally O e in their capitals ratio Od None of these are conect Which of the following accounts are not transferred to Realization Account? DELL Dt F
Transcribed Image Text:Due to which circumstances the existing partner may decide to retire from the firm? Oa All of the options are correct O Poor heolth O e. Old age Od Strained or bad rolations Under fixed copital method solary payable to e partner is recorded: O o.n capital account OB Either in ourrent account or copital account Oe in current account od None of these are corect When A and B sharing profits and losses in the ratio 6.3, admit C as a partner giving him i/eth share of profitsP This will be given by A and B O an their prolit shoring ratio O b. Equally O e in their capitals ratio Od None of these are conect Which of the following accounts are not transferred to Realization Account? DELL Dt F
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