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The balance sheet of a firm …

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The balance sheet of a firm had an investment fluctuation reserve of 10000. A new partner is admitted, value of investment is 60000 against its book value of 70000. What amount of investment fluctuation reserve will be distributed among partners?

    • Posted by Ansh Jasuja 6 years ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Ansh Jasuja 6 years ago

    Partners ko to distribute hi nhi karenge

    1Thank You

    Ashishsingh Tanwar 6 years ago

    Full amount of ifr that is 10000 is to be distributed among the old partners in their old profit sharing ratio.

    1Thank You

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