Question : A and B are Partners in a firm. They are entitled to interest on capital, but if the net profit is not sufficient for this interest, then the net profit will be distributed among partners in

Question : On dissolution of a partnership firm, profit or loss on realisation is distributed among the partners ________.

Question : On dissolution of a partnership firm, profit or loss on realisation is distributed among the partners -

Question : P, Q and  R are partners sharing profits in the ratio of 5: 3: 2. They decided to share future profits in the ratio of 2: 3: 5. What will be the accounting treatment of Workmen Compensation Reserve appearing in the Balance Sheet on that date when no other information is

Question : X y and Z are partners sharing profit  in the ratio of 5:3:2. They decided to share future profit in the ratio of 2:3:5. Workmen compensation reserve appearing in the  balance sheet on that date when no information as to workmen's compensation claim is given will