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Solution:- In the absence of any information and if partners want to distribute the general reserve, it is credited to partners in the old profit sharing ratio.

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Solution:- In the absence of no fluctuation in Investment, the investment fluctuation reserve is credited to partners in old ratio. In the absence of no fluctuation in Investment, the investment fluctuation reserve is credited to partners in old ratio. The…

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Solution:- In the absence of further information Workmen Compensation Reserve is credited to the partners in their old profit sharing ratio. In the absence of further information Workmen Compensation Reserve is credited to the partners in their old profit sharing…

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