Accountancy, asked by devanshhhhh18, 21 hours ago

what is retirement of partner​

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Answered by narayanbilana100
6

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Answered by Annachhapni
2

Answer:

Meaning of Retirement of a Partner

A partner who cut his connection with the firm is called a retiring partner or outgoing partner. Retirement of a partner leads to reconstitution of a partnership firm as the original agreement between the partners comes to an end.

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