Millionaire Mode

Ascertaining the amount due to retiring/deceased partner - class-XII

Question 1 of 43

In the event of death of partner, the amount of General Reserve is transferred to partner's capital Accounts in ______________ .

  1. The new profit-sharing ratio.
  2. The old profit-sharing ratio.
  3. The capital ratio.
  4. None of these

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000