12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    A newly admitted partner acquires the right to:

    A) share in the future profits

    B) share in the assets of the firm

    C) Both [a] and [b]

    D) None of the above

    Correct Answer: C

    Solution :

    [c] Both [a] and [b]


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