Question

what is reconstruction of partnership firm​

Answer 1

Answer:

The partners reconstitution of the partnership firm takes place when there is admission of a new partner, change in profit sharing ratio, retirement of a partner, death or insolvency of a partner and amalgamation of partnership firms

Answer 2

The partners reconstitution of the partnership firm takes place when there is admission of a new partner, change in profit sharing ratio, retirement of a partner, death or insolvency of a partner and amalgamation of partnership firms.

hope it helps you