what is admission of a partner
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An existing partnership firm may take up expansion/diversification of the business. In that case it may need managerial help or additional capital. An option before the partnership firm is to admit partner/partners. When apartner is admitted to the existingpartnership firm, it is calledadmission of a partner.
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An existing partnership firm may take up expansion/diversification of the business. In that case it may need managerial help or additional capital. An option before the partnership firm is to admit partner/partners. When apartner is admitted to the existingpartnership firm, it is calledadmission of a partner.
Hope it will help u ...
Please mark it as brainliest answer
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