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What is admission of a partner

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What is admission of a partner

    • Posted by Abhishek Kumar 4 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Sia ? 4 years, 7 months ago

    MEANING Inclusion of a new person as a partner to an existing firm is called admission of a partner. The new partner who joins the business is called the incoming partner or new partner.

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