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  3. 12th Class
  4. Accountancy
  5. Admission of a Partner

12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    PK and JK are partners. BK is admitted for 1/4th share. What is the ratio in which PK and JK will sacrifice their share of profit in favour of BK?

    A) In 2:1 Ratio

    B) In 1 : 1 Ratio

    C) In Capital Ratio

    D) In 3 : 4 Ratio

    Correct Answer: B

    Solution :

    In 1 : 1 Ratio


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