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

  • question_answer
    Can employee provident fund be distributed among old partners in old ratio at the time of admission?

    A) It can be distributed

    B) It can't be distributed

    C) Can be distributed if tax is paid 

    D) None of the above

    Correct Answer: B

    Solution :

    [b] It can't be distributed


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