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

  • question_answer
    NK and AK were partners sharing profits in the ratio of 3:2. They admitted JK as a new partner for 3/10th share which he acquired 2/10th from NK and 1/10th from AK. New profit sharing ratio:

    A) 3:2:1

    B) 4:3:1

    C) 4:3:2

    D) 4:3:3

    Correct Answer: D

    Solution :

    4:3:3


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