Question:
Profits made on Revaluation of Assets and Reassessment of Liabilities is distributed among whom?
Profits made on Revaluation of Assets and Reassessment of Liabilities is distributed among whom?
Updated On: Mar 27, 2025
- All Partners
- Admitted Partner only
- Retiring Partner only
- Old Partners
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The Correct Option is D
Solution and Explanation
The correct option is (D): Old Partners
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