3)When assets are realized at more than their book value. a. Profit arises b. None...
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Accounting
3)When assets are realized at more than their book value.
a.
Profit arises
b.
None of these options
c.
Both
d.
Loss arises
4)Any change in the agreement of partnership is called
a.
Reconstitution of partners
b.
None of the options
c.
Dissolution of partnership firm
d.
Reconstitution of partnership firm
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