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How is new partner admited in the firm

Posted by Aish Mathur 6 years, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 6 years, 5 months ago

A new partner can be admitted into a firm with the consent of all the existing partners. e.g. if there are five partners in a firm and all the partners except one of the partners want to admit a new partner, the new partner cannot be admitted in the firm.

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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