Accountancy, asked by Arshh321, 6 months ago

WHAT IS THE REASONS OF ADMITTED NEW PARTNER IN PARTNERSHIP FIRM

Answers

Answered by jaanusingh442
4

Answer:

Increase the capital of the firm for the expansion plans of the business.

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Answered by kumersurender489
0

Explanation:

What is the purpose of admission of a Partner? Answer: Sometimes, it becomes difficult to run the partnership business due to lack of sufficient capital or managerial help or both. In this case a firm may decide to admit a new partner into the firm

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