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

  • question_answer
    S, B and J were partners in a firm. T was admitted as a new partner in the partnership firm for 1/5th share of profits. Sacrificing ratio of S, B and J:

    A) 3:2:1

    B) 2:2:1

    C) 2:1:1    

    D) 1:1:1

    Correct Answer: D

    Solution :

    1:1:1


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