Reconstruction of partnership means....... - Vidyadip

MCQ

Reconstruction of partnership means$.......$

A
Changes in ratio of profit or loss among the continuing partner
B
Admission of a new partner in a partnership firm
C
From the partnership firm, retirement or death of any partner
✓
All of the given

✓

Answer

Correct option: D.

All of the given

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ" from P1 C4 RECUSTRUCTION OF PARTNERSHIP→P1 C4 RECUSTRUCTION OF PARTNERSHIP — all question types→Elements of Account STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Which is the first payment made from the realisation of assets, at the time of the dissolution of a firm :

Debtors ratio indicates $....... $and creditors ratio indicates$.......$

When shares are forfeited then amount called up on forfeited shares is $………$

‘Goodwill’ is which type of asset ?

$A$ and $B$ are ‘the partners in a firm sharing profit and Ioss in the ratio of $3:2.\ C$ is admitted for $1/4th$ share in the profit. Their new profit sharing ratio will be

Which of the following is not shown under the heading ‘share capital’ in a balance sheet ?

A company can charge interest at $......\%$ p.a. on arrears amount of instalments.

$\mathrm{P}, \mathrm{Q}$ and $\mathrm{R}$ are partners sharing profit-loss sharing of $5:3:2.$ $\mathrm{R}$ retires and after retirement of $R, P$ maintains his share of profit. New profit and loss sharing ratio of $P$ and $Q$ will be

To arrive at liquid assets which of the following is deducted from current assets ?

In a company, amount of sales revenue of previous year is $Rs. 8,00,000;$ in which current year’s increase / decrease rate is $12.5 \%,$ then how much is the amount of sales revenue of current year?