Discuss the composition and use of investment fluctuation reserve?
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Investment fluctuation is a type of reserve but it may be created out of profit ,so that any loss due to decrease in value of investment can be met out of investment fluctuation fund and left balance is distributed among the old partners in there old profit sharing ratio
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Investment fluctuation is a type of reserve but it may be created out of profit ,so that any loss due to decrease in value of investment can be met out of investment fluctuation fund and left balance is distributed among the old partners in there old profit sharing ratio
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