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#1 X, Y and Z are partners sharing profits in the ratio of 5: 3: 2 , if Y retires then new ratio will be ________
#2 When goodwill is withdrawn by old partner’s ________________ a/c is credited.
#3 The issue of debenture at its face value is called the issue __________
#4 Paid up value of shares allotted is called ______ capital
#5 The acceptor is allowed _______ days of grace to meet the bill in time.
#6 The party which is ordered to pay the amount of bill is known as ______
#7 The capital in the beginning of the accounting year is ascertained by preparing _____
#8 Excess of income over expenditure is termed as ______
#9 Deficiency of Insolvent partner will be shared by solvent partners in their _______ ratio.
#10 Share of profit of a deceased partner till the date of death is _________