Accountancy, asked by farhanhashmi820, 5 months ago

give two merits of admission of New partner

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Answered by radha3858

Answer:

New partners can be admitted in the firm to raise further capital whenever necessary. The credit-worthiness of business is also high because every partner is jointly liable for all the debts of the firm.

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give two merits of admission of New partner​

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give two merits of admission of New partner