Profit or loss on revaluation is shared among the partners
in _______ ratio.
(a) Old Profit Sharing.
(b) New Profit Sharing.
(c) Capital.
(d) Equal.
- 3 Answers
- 9161 Views
- I also Faced
- E-Mail Answers
Answer Posted / raju
old profit ratio and share capital
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
What qualities have you got that would make you a good accountant?
What is the difference of cost accounting and financial accounting?
Can i put opening stock in new company during closing time
What is ppe in accounting?
Tell me what is the general classification of accounts that usually ledger account involve?
i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
Tell us what is your proudest accomplishment?
What do we mean by purchase return in accounting?
What is an interest rate swap
How is the accounting for hire purchase transactions done?
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
What are assets minus liabilities?
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?
