2. Questions Bank
  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
    M and N are partners in a firm sharing profits in the ratio of 3:2. They admitted R as a new partner for 1/4th Share. The new profit sharing ratio between M and N will be 2:1. Sacrificing Ratio of M and N:

    A) 3:2

    B) 1:1

    C) 2:1  

    D) 2:3

    Correct Answer: D

    Solution :

    2:3


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