meaning of admission partner?
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2. ADMISSION OF A PARTNER- MEANING Inclusion of a new person as a partner to an existing firm is called admission of a partner. ... For the right to share profit of the partnership firm, the new partner is required to bring some amount which is known as premium or his share of goodwill.
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2. ADMISSION OF A PARTNER- MEANING Inclusion of a new person as a partner to an existing firm is called admission of a partner. ... For the right to share profit of the partnership firm, the new partner is required to bring some amount which is known as premium or his share of goodwill.
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