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The balance of Revaluation Account or Profit & Loss Adjustment Account is
English
Reconstitution of Partnership Firm: Admission of a Partner
Question
Updated
19 Aug 2026
The balance of Revaluation Account or Profit & Loss Adjustment Account is transferred to Old Partners’ Capital Accounts in their :
A
Choose Your Answer
A
Old profit-sharing ratio
B
New profit-sharing ratio
C
Equal ratio
D
Capital ratio
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