Accountancy, asked by kittunagar123, 1 year ago

what is meant by Reconstitution of partnership Firm? ​


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Answers

Answered by CᴀɴᴅʏCʀᴜsʜ
6

Any change in the existing agreement of partnership amounts ot reconstitution of the partnership firm. There are five occasions when a reconstitution of a partnership take place: Change in profit sharing ratio between the existing partners. ... Retirement of a existing partner.


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Answered by bookingsdivyacarrent
4

Answer:

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