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Commerce · Q1002

Accounting

Graduate and Post Graduate · Commerce · question 1002

Q1002

At the time of sale of a firm, the purchase consideration received in the form of shares and debentures will be distributed among the partners, in the ratio of:

A.
final amounts due to partners
Answer
B.
capital
C.
profit sharing
D.
equal

Answer: Option A

Solution

Answer: Option A
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