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

  • question_answer
    On the admission of a new partner:

    A) old firm is dissolved

    B) old partnership is dissolved

    C) Both old partnership and firm are dissolved

    D) Neither partnership nor firm is dissolved

    Correct Answer: B

    Solution :

    [b] old partnership is dissolved


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