CA CPT Jun 2017 Question Paper Fundamentals of Accounting for online practice

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Question : 45 of 60

Marks: +1, -0

In case of death of a partner, the amount of JLP received by the firm will bedistributed _______

To all the partners as per their old profit sharing ratio
To the continuing partners as per their new profit sharing ratio
To the continuing partners as per their sacrificing ratio
To the continuing partners as per their gaining ratio

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