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Reconstitution of a Partnership Firm - Admission of a Partner

At Saralstudy, we are providing you with the solution of Class 12th accountancy Reconstitution of a Partnership Firm - Admission of a Partner according to the latest NCERT (CBSE) Book guidelines prepared by expert teachers. Here we are trying to give you a detailed answer to the questions of the entire topic of this chapter so that you can get more marks in your examinations by preparing the answers based on this lesson. We are trying our best to give you detailed answers to all the questions of all the topics of Class 12th accountancy Reconstitution of a Partnership Firm - Admission of a Partner so that you can prepare for the exam according to your own pace and your speed.

Modes of Reconstitution of a Partnership Firm, Admission of a new partner, new profit sharing ratio,Sacrificing ration,Goodwill, adjustment for accumulated profits and losses, revaluation of assets and reassessment of Liabilities,Adjustment of Capitals,Change in profit sharing ratio among the existing partners.

Exercise 1