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Q. Old profit sharing ratio minus new profit sharing ration is equal to:
Q. At the time of a new partner Goodwill:
Q. Goods in transit are shown in the balance sheet at ______
Q. In the revaluation account an increase in the value of land and building:
Q. Value of goods withdrawn by the proprietor for his personal use should be credited to ____
Q. Any partner who investments in the business but does not take active part in the business is:
Q. When a partner dies, firm will receive the:
Q. Under debtors system depreciation on fixed asset is ________
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