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At the time of admission of a new partner, Undistributed Profits appeaming in
English
Reconstitution of Partnership Firm: Admission of a Partner
Question
Updated
19 Aug 2026
At the time of admission of a new partner, Undistributed Profits appeaming in the Balance Sheet of the old firm is transferred to the Capital Account of:
A
Choose Your Answer
A
Old partners is old profit-sharing ratio
B
Old partners in new profit-sharing ratio
C
All the partners in the new profit-sharing ratio
D
None of these
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