CBSE BOARD XII, asked by Rieea, 5 months ago

Why is the general reserve distributed among the old partner before new partner is admitted ?

Answers

Answered by itzbhaskar

3

Answer:

here is your answer

Explanation:

Because general reserve is created from undistributed profits of the OLD partners over which they have exclusive rights

hope it help you.

Answered by Anonymous

10

Answer:

Because the general reserve is created from undistributed profits of the OLD partners over which they have exclusive rights

Previous Question

Next Question

Similar questions

Social Sciences, 2 months ago

An iron pillar has some part in the form of a right circular cylinder and remaining in the form of a right circular cone. The radius of the base of each of cone and cylinder is 8 cm. The cylinderical part is 240 cm high and the conical part in 36 cm high. Find the weight of the pillar if one cu. cm of iron weighs 7.8 grams.

Economy, 2 months ago

What does the law of equi marginal utility states? MUY MUY MUZ > MU. a) PX P PZ MUX MU, MUZ b) MU PX P PZ c) MU, * Py = MU, XP, = MU, Pz MU MU, MUZ d) PX P P2 APP MUZ <M .x ...

Science, 2 months ago

what is magnatic lines??

Science, 5 months ago

human skeleton comprise____ option skull and back bone ribs and breast bone shoulder and hip bone all of these ...

English, 5 months ago

what has lifted Maria Sharapova to the top of the world?

Science, 10 months ago

suggest any two ways to strike balance between environment and development ...

Math, 10 months ago

prove that the circles described on the four sides of a rhombus as diameters, pass the point of intersection of its diagonals. plz humbly request:❌no spam ❌...

Chemistry, 10 months ago

an element presented as x x and its isobar is 15 and 31 write the electronic configuration number of proton and number.