Ask a Question

At the time of admission of a new partners general reserve appearning in the old Balance Sheet is transferred

0 votes
91 views
in Accountancy by (98.9k points)
edited
At the time of admission of a new partners general reserve appearning in the old Balance Sheet is transferred to:

(a) All Partner’s Capital Accounts
(b) New Partner’s Capital Account
(c) Old Partners’. Capital Accounts
(d) None of these

1 Answer

0 votes
by (98.9k points)
edited
(c) Old Partners’. Capital Accounts

Related questions

0 votes
1 answer 90 views
Share of goodwill brought by new partner in case is shared by old partners in :
asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)

Doubtly is an online community for engineering students, offering:

  • Free viva questions PDFs
  • Previous year question papers (PYQs)
  • Academic doubt solutions
  • Expert-guided solutions

Get the pro version for free by logging in!

Most popular tags

jeemain geography-10th engineering physics semester 5 web computing

5.7k questions

5.1k answers

108 comments

535 users

Doubtly
...