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On retirement/death of a partner, the remaining partners who have gained due to change in profit sharing ratio should co…

Q1

On retirement/death of a partner, the remaining partners who have gained due to change in profit sharing ratio should compensate:

a

No One

b

The retiring partner only

c

The remaining partners only (Who have sacrificed.)

d

The remaining partners (who have sacrificed) as well as retiring partner.

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