Accountancy, asked by rowdybabydc, 1 month ago

Reconstitution of a partnership firm chapter all problems questions with answer​

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Answered by Poorva90
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Reconstitution of partnership refers to a change in the existing relationship of partners due to a change in the existing agreement between them. It may be due to the change in profit sharing ratio, on the eve of admission of a new partner, retirement or death of an existing partner.

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