Question

in which ratio profit or kods of revaluation account is distributed between the partners?
a) sacrifice ratio
b) gain ratio
c) new profit-loss ratio
d) old profit-loss ratio​

Answer 1

Answer:

The balance of profit and loss on revaluation account of assets and liabilities  are transferred to old partners capital ac account in the old profit sharing ratio.

Explanation:

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Answer 2

Answer:

d)

old profit loss ratio