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Ways in which incoming partner may acquire his share except :
  • a)
    From one or more partners (not from all partners)
  • b)
    From the old partners in their old profit sharing ratio
  • c)
    From the old partners in some agreed ratio
  • d)
    From the old partners in their new profit sharing ratio
Correct answer is 'D'. Can you explain this answer?
Most Upvoted Answer
Ways in which incoming partner may acquire his share except :a)From on...
A new partner can acquired his share from one partner or two partners or from all partners in an agreed ratio. He may acquire his share in old ratio of the partners or in an agreed ratio for sacrifice but not in the new ratio of all the partners because new ratio will be fixed after adjusting his share.
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Community Answer
Ways in which incoming partner may acquire his share except :a)From on...
Beacuse new ratio is regarding new share it's not concerned with any old partner's share
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Ways in which incoming partner may acquire his share except :a)From one or more partners (not from all partners)b)From the old partners in their old profit sharing ratioc)From the old partners in some agreed ratiod)From the old partners in their new profit sharing ratioCorrect answer is 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Ways in which incoming partner may acquire his share except :a)From one or more partners (not from all partners)b)From the old partners in their old profit sharing ratioc)From the old partners in some agreed ratiod)From the old partners in their new profit sharing ratioCorrect answer is 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ways in which incoming partner may acquire his share except :a)From one or more partners (not from all partners)b)From the old partners in their old profit sharing ratioc)From the old partners in some agreed ratiod)From the old partners in their new profit sharing ratioCorrect answer is 'D'. Can you explain this answer?.
Solutions for Ways in which incoming partner may acquire his share except :a)From one or more partners (not from all partners)b)From the old partners in their old profit sharing ratioc)From the old partners in some agreed ratiod)From the old partners in their new profit sharing ratioCorrect answer is 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
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