A. | Profit and loss sharing ratio |
B. | Capital ratio |
C. | Their initial capital invested in the firm |
D. |
Capital which stood before dissolution of the firm.
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Option: D Explanation : Click on Discuss to view users comments. |
A. | Old profit sharing ratio |
B. | New profit sharing ratio |
C. | Capital ratio |
D. | Sacrificing ratio |
Option: D Explanation : Click on Discuss to view users comments. |
A. | Nominal Account |
B. | Real Account |
C. | Personal Account |
D. | All of the above |
Option: B Explanation : Click on Discuss to view users comments. |
A. | Two years from the formation of a company |
B. |
One year from the first allotment of shares in the company
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C. | (A) or (B) whichever is earlier. |
D. | (A) or (B) whichever is latter. |
Option: C Explanation : Click on Discuss to view users comments. |