Choose the correct sequence of the following transactions in the context of the Division of Profits:

i) Guarantee by Firm to Partners

b) Guarantee by Partners to Firm

c) Transfer of Profits to Profits & Loss Appropriation Account

d) Guarantee by Partner to Partner


a) i), iii), iv), ii)

b) iii), i), ii), iv)

c) iii), ii), i), iv)

d) ii), iii), iv), i)

Anurag Pathak Changed status to publish April 9, 2023
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