On the retirement of a partner any reserve being should be transferred to the capital account of:

Related MCQs

• If the remaining partner want to continue the business, after the retirement of a partner, a new partnership agreement:
• The loss or gain an account of revaluation at the time of retirement of a partner is shared by:
• Which of the following accounts can be transferred to capital redemption reserve account?
• In case of retirement of a partner full good will is credited to the accounts of:
• The accounting procedure at the retirement of partner is valued:
• Retirement or death of a partner.
• An incoming partner pays his share of goodwill in cash, and profit sharing ration of old partner is changed, Goodwill be distributed among old partners:
• If a partner takes over an asset of the firm, his capital account:
• The balance of branch adjustment account is transferred to _________ account
• At the time of admission of a new partner, general reserve is: