Accountancy, asked by abhishekkhichi2308, 1 day ago

why should a new partner bring cash towards capital?​

Answers

Answered by XxEVILxspiritxX
11

As per the provision of partnership deed, when any person is admitted to the firm, he has to bring some amount as capital which can be in cash or in-kind of assets to get rights in the assets and definite share in the future profit of the firm.

Here is ur answer.

Hope it helps u buddy ☺☺

Previous Question
Next Question
Similar questions
Math, 13 hours ago
the point equidistant from the point(0, 0), (2, 0) and(0, 2) is​...
Social Sciences, 13 hours ago
in which thing we see our reflection​...
Math, 13 hours ago
A regular octagon of side 4.5cm...
English, 1 day ago
Most to northern India was under the rule of petty chiefs always in war to one another. Buddhism was almost extinct except into some eastern and Himalayan provinces and in an extreme south.​
Biology, 1 day ago
please answer me fast it's urgent​...
English, 8 months ago
He will explain it to you when he _______ back. * a) come b) comes c) will come d) has come ​...
English, 8 months ago
find the error, Rahul bought a new boot legged geans​...
English, 8 months ago
F. Underline the infinitives in the following sentences and say if they are to-infinitives or bare infinitives. 1. I felt the needle pierce my ear....... 2. The customer wanted to speak to the manager....... 3. Mahi has offered to help me with my project....... 4. Can you hear the bell?-........ 5. she heard the bird sing.-..... 6. I hate to admit that I am wrong.-........ 7. karan makes me...