Accountancy, asked by kbal65512, 4 months ago

when a new partner can be admitted in a partnership firm? what are the effects of such admission?

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Answers

Answered by afiaakhaan786
4

Answer:

Answer: With the admission of a new partner, the partnership firm is reconstituted and a new agreement is entered into to carry on the business of the firm. 2. Right to share the profits of the partnership firm.

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