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

  • question_answer
    A and B were partners in a firm sharing profits in the ratio of 3 : 2. C and D were admitted as new partners. A sacrificed 1/4th of his share in favour of C and B sacrificed 50% of his share in favour of D. New profit sharing ratio of A, B, C and D:

    A) 9:4:4:3

    B) 3:2:1:1

    C) 1:1:1:1

    D) 9:4:3:4

    Correct Answer: D

    Solution :

    9:4:3:4


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