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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
    At the time of admission, if the profit Sharing ratio among the old partners does not change, then sacrificing ratio will be:

    A) equal

    B) according to the contribution of capital

    C) their old profit sharing ratio

    D) according to new partner

    Correct Answer: C

    Solution :

    [c] their old profit sharing ratio


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