Accountancy, asked by bharatatigerian, 11 months ago

Is reserve fund distributed among old partners?

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Answered by satvikrohilla

Dividend Equalisation Fund are stillreserve and can be distributed among partners. Treatment– They are required to be written off onreconstitution by crediting them and debiting old Partners capital account in old profit sharing ratio.

Answered by Pabloescobar

what do you wantin answer explain properly and completely

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