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P1 C2 FINAL ACCOUNTS OF PARTNERSHIP — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C2 FINAL ACCOUNTS OF PARTNERSHIP1 Mark
MCQ
In which proportion profit-loss will be shared between the partners if no provision is made in the partnership deed ?
  • A
    Capital proportion
  • B
    Gaining ratio
  • C
    Sacrificing ratio
  • ✓
    Equal proportion
✓

Answer

Correct option: D.
Equal proportion

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