Home
Class 12
ACCOUNTS
Accumulated losses are transferred to —...

Accumulated losses are transferred to —— (Current/Capital Accounts) in —— (equal ratio/profit sharing ratio).

Text Solution

Verified by Experts

The correct Answer is:
A, C
Promotional Banner

Topper's Solved these Questions

  • DISSOLUTION OF PARTNERSHIP FIRM

    NCERT|Exercise Short Answer Questions|6 Videos

  • DISSOLUTION OF PARTNERSHIP FIRM

    NCERT|Exercise Long Answer Questions|4 Videos

  • DISSOLUTION OF PARTNERSHIP FIRM

    NCERT|Exercise Test your Understanding – II|8 Videos

  • CASH FLOW STATEMENT

    NCERT|Exercise Numerical Questions|12 Videos

  • FINANCIAL STATEMENTS OF A COMPANY

    NCERT|Exercise Long Answer Questions|8 Videos

Similar Questions

Explore conceptually related problems

New Profit Sharing Ratio

New Profit Sharing Ratio

Change In Existing Profit Sharing Ratio