The balance of Revaluation Account is transferred to old partner’s Capital Accounts in Their(a) Old Profit Sharing Ratio(b) New profit sharing ratio(c) Equal ratio(d) None of these

The balance of Revaluation Account is transferred to old partner’s C

1.	The balance of Revaluation Account is transferred to old partner’s Capital Accounts in Their(a) Old Profit Sharing Ratio(b) New profit sharing ratio(c) Equal ratio(d) None of these
Answer» The balance of Revaluation Account is transferred to old partner’s Capital Accounts in their Old Profit Sharing Ratio.

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The balance of Revaluation Account is transferred to old partner’s Capital Accounts in Their(a) Old Profit Sharing Ratio(b) New profit sharing ratio(c) Equal ratio(d) None of these

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