At the time of retirement of a partner, calculation of new profit ratio is
Not necessary
Necessary
Optional
None of these
_____ debentures are those which can be transferred by mere delivery.
Naked
Registered
Bearer
Floating
The retiring partner should be paid off or the amount due to him, will be treated as his ____ to the firm.
Capital
Loan
Goodwill
At the time of retirement the revaluation profits of business will be shared by _____ partners.
All
Retiring
Remaining
ABC Ltd issued 1,00,000 14% debenture of Rs 100 each. The total amount of interest payable on the debentures will be
Rs 14,00,000
Rs 14,000
Rs 100,00,000
Rs 1,40,000
Both total assets and owners capital are increased by
Credit Purchase
Retained Earning
Bank Loan
Drawings