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1 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

If the adjustment in the value of assets under taken at the time of admission of a partner shows a profit, if should be credited to the capital accounts of:

all partners in their new profit sharing ratio

the old partners in their old profit sharing ratio

the old partners in their gaining ratio

the old partners in the new profit sharing ratio