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Commerce · Q1243

Accounting

Graduate and Post Graduate · Commerce · question 1243

Q1243

When there is no agreement between partners for sharing profits and losses then it should be shared among partners in what ratio.

A.
2 : 3 : 5
B.
2 : 2 : 4
C.
4 : 5 : 1
D.
1 : 1 : 1
Answer

Answer: Option D

Solution

Answer: Option D
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