Gain or Loss On Revaluation At The Time Of Change In Profit Sharing Ratio Of Existing Partners Is Shared - Bzziii.com

Gain / loss on revaluation at the time of change in profit sharing ratio of existing partners is shared by ___(i)______ whereas in case of admission
Gain / loss on revaluation at the time of change in profit sharing ratio of existing partners is shared by ___(i)______ whereas in case of admission of a partner it is shared by____(ii)_____.

(A) (i) Remaining Partners, (ii) All Partners.
(B) (i) All Partners, (ii) Old partners.
(C) (i) New Partner, (ii) All partner.
(D) (i) Sacrificing Partner, (ii) Incoming partner. 




(B) (i) All Partners, (ii) Old partners. 

Explanation:

Gain / loss on revaluation at the time of change in profit sharing ratio of existing partners is shared by all Partners whereas in case of admission of a partner it is shared by old partners.






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