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Explain admission of partner ?
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Explain admission of partner ?
Admission of a Partner: - Admission of a Partner means new partner being admitted in the firm. New Profit Sharing Ratio: The ratio in which all partners including the incoming partner share the future profits and losses is known as the now profit sharing ratio.
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Explain admission of partner ?
Admission of a new partner a new partner may be admitted when the firm needs additional capital or managerial help.and improve the firm goodwill,productivity and quality.and more earning.
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Explain admission of partner ?
New partner joining the firm
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Explain admission of partner ?
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Explain admission of partner ? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Explain admission of partner ? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Explain admission of partner ?.
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