In the absence of any information regarding the acquisition of share in profit of the retiring/ deceased partner by the remaining partners, it is assumed that they will acquire his/her share in:
(
This question was previously asked in
Shift 23/06/2023 8:30 AM - 10:30 AM
A
Old Profit Sharing Ratio
B
Capital Ratio
C
Equal Ratio
D
Sacrificing Ratio
Correct Answer
Old Profit Sharing Ratio
Detailed Explanation
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