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On admission of a partner, the General Reserve shown in the balance sheet of
English
Reconstitution of Partnership Firm: Admission of a Partner
Question
Updated
19 Aug 2026
On admission of a partner, the General Reserve shown in the balance sheet of the old firm will be transferred to :
A
Choose Your Answer
A
All partner’s Capital A/c
B
New partner’s Capital A/c
C
Old partner’s Capital A/c
D
None of these
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