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

  • question_answer
    A and B are partners sharing profits in the ratio of 2 : 3, they admit C as a partner for l/4th share, the sacrificing ratio of A and B will be:

    A) 2 : 3                  

    B) 1 : 1

    C) 3 : 2                   

    D) 2 : 1

    Correct Answer: A

    Solution :

    [a] 2 : 3


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