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Retirement or D...

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  • Question 1
    1 / -0

    Capital employed by a partnership firm is Rs10,00,000.Its average profit is Rs 1,20,000. The normal rate of return in similar type of business is 10%. What is the amount of super profits?

  • Question 2
    1 / -0

    Outgoing partner is not entitled to take _______

  • Question 3
    1 / -0

    Profit or loss on revaluation is shared among the partners in:

  • Question 4
    1 / -0

    When the New ratio is deducted with Old Ratio we get:

  • Question 5
    1 / -0

    Revaluation A/c is prepared to find out the profit or loss on :

  • Question 6
    1 / -0

    Gaining Ratio is Applicable for:

  • Question 7
    1 / -0

    New Profit sharing Ratio after retirement of a partner, can be calculated as:

  • Question 8
    1 / -0

    Goodwill Given in the old Balance Sheet will be:

  • Question 9
    1 / -0

    Gaining ratio is the ratio in which continuing partners have ______ the share from the outgoing partner

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