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Profit / loss on realization account is shared by the partners.

+1 vote

asked May 17, 2018 in Class 12 by kratos

Profit / loss on realization account is shared by the partners.

(a) Profit sharing Ratio

(b) Capital Ratio

(c) Equally

(d) of these

dissolution of partnership firm
dissolution of partnership
retirement of a partner
class-12
reconstitution of partnership
dissolution of firm

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1 Answer

+4 votes

answered Mar 3, 2020 by kratos

Best answer

Profit / loss on realization account is shared by the partners Profit sharing Ratio.

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