Question no.7-A and B are partners in a firm sharing profit in the ratio of 3 : 2 on March

no.7-A and B are partners in a firm sharing profit in the ratio of 3 : 2 on March 31 2016
their balance sheet showed a general reserve of rupees 54000 on that date they decided toadmit C as a new partner the new profit sharing ratio between A B and C will be 4:3-2 record thenecessary journal entry in the books of the form under the following circumstances(a) when they want to transfer the general reserve in their capital accounts(b)when they don’t want to transfer the general reserve in their capital accounts and preferred torecord and adjustment entry for the same.​

Q.2 Choose the correct from the option 1. Gujarat is inIndia(a) East(b) West (c) North2 Shikaras are found inlake (

Q.2 Choose the correct answer from the option
1. Gujarat is inIndia(a) East(b) West (c) North2 Shikaras are found inlake ( (a) Wular (b) Pulicat (c) Dal3. Which of the following is a public property?(a) water bottle (b) school Bag(c) Garden (d) CycleA customer should always insist on(a) Bill(b) Home delivery (c) Carry bag (d) None of these5. Gold ornaments havemark on them(a) AIZ(b) BIS(C) ISI(d) Agmark​