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Commerce · Q1844

Accounting

Graduate and Post Graduate · Commerce · question 1844

Q1844

To provide funds to pay to the retiring partner or to the representatives of a partner, generally . . . . . . . . . is created by partners.

A.
sinking fund
B.
joint life policy
Answer
C.
reserve fund
D.
None of these

Answer: Option B

Solution

Answer: Option B
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