2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Change in Profit Sharing Ratio Among Existing Partner

12th Class Accountancy Change in Profit Sharing Ratio Among Existing Partner Question Bank MCQs - Change in Profit-Sharing Ratio Among Existing Partners

  • question_answer
    Any change in the relationship of existing partners which results in an end of the existing agreement and enforce making of a new agreement is called:

    A) Revaluation of Partnership

    B) Reconstitution of Partnership

    C) Relationship of Partnership

    D) Dissolution of Partnership Firm

    Correct Answer: B

    Solution :

    Reconstitution of Partnership


You need to login to perform this action.
You will be redirected in 3 sec spinner