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
    When old partners change their profit sharing ratio it is called dissolution or reconstitution of partnership.

    A) True      

    B) False

    Correct Answer: A

    Solution :

    True


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