Question

how to find new partner capital amount in admission of partner??​

Answer 1

Answer:

If the new partner's capital is given, one should find out the total capital of the firm on the basis of his share. Then the capital required of other partners should be ascertained. Suppose, C is admitted in a firm with a 1/4 share of the profits of the firm.

-sneha

Answer 2

Answer:

thanks for free points