2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Change in Profit Sharing Ratio Among Existing Partner

12th Class Accountancy Change in Profit Sharing Ratio Among Existing Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Change in Profit Sharing Ratio

  • question_answer
    Any change in the relationship of existing partners which result in an end of the existing agreement and enforces making of a new agreement is called:

    A) Revaluation of Partnership

    B) Reconstitution of Partnership

    C) Realisation of Partnership

    D) None of the above

    Correct Answer: B

    Solution :

    [b] Reconstitution of Partnership


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