English, asked by shizuka66, 4 months ago

What is admission of partner??

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Answered by akashrawat09

13

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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Answered by Anonymous

63

Answer:

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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