The amount of General reserve is transferred to all partners capital accounts in -

The amount of General reserve is transferred to all partners capital accounts in -

(A) New profit sharing Ratio

(B) Capital Ratio

(C) Old profit sharing Ratio

(D) None of these

Monjur Alahi

9 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Correct option is: (C) Old profit sharing Ratio

9 views Answered 2023-02-05 15:29

Related Questions

M/s ABC & co . Is advised to dibit salary and commission , who of partners to the partners to the profit and loss Apptopriation Account , why do you t

2 Answers 4 Views

A firm maintains a capital account and a current Account for each partners what is the term used when this method of maintaining capital Accounts Is f

2 Answers 5 Views

Capital A/c……………..Dr. To Profit and Loss Account (Being Net Profit transferred to Capital A/c)

2 Answers 5 Views

Create ledger accounts using the accounting Package. Create ledger accounts for the following and allocate proper groups.

2 Answers 8 Views

Profit or Loss on Revaluation is born by - (A) Old partners (B) New partners (C) All partners (D) Only two partners

2 Answers 5 Views

The accumulated profit and reserve are transferred to :-

2 Answers 4 Views

Payment of credit balance of partners capital Accounts at the time of dissolution of a firm is made to :-

2 Answers 5 Views

25) Following errors were detected from the books of accounts of Amar. Give journal entries to rectify them. 1) Rs 5000 paid for wages for erecting the plant were entered in the wages \( A / c \) 2) Paid Rs 2000 as salaries to Ramu but an amount was debited to his personal \( A / c \). 3) Rs 6000 received from a customer namely Dinesh is credited to Capital \( A / c \)

2 Answers 4 Views

i. Annual General Meeting, Extra Ordinary General Meeting, Board Meeting. ii. Annual General Meeting, Committee Meeting, Class Meeting.

2 Answers 5 Views

(i) A book of accounts in which all ledger accounts are maintained.

2 Answers 4 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)