retirement and death of a partner

Question
  • “Profit for the year 15-16 be taken as having accrued at the same rate as that of previous year “. What does this mean?
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Accountancy lisa chandra 4 months 1 Answer 131 views 0

Answer ( 1 )

  1. This means that the rate of profit in the year 2015-16 is same as the rate of profit in the previous year.

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