हिंदी

State True or False with reason. Usually, when a new partner is admitted in the firm there will be an increase in the capital of the firm. - Book Keeping and Accountancy

Advertisements
Advertisements

प्रश्न

State True or False with reason.

Usually, when a new partner is admitted to the firm there will be an increase in the capital of the firm.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
Advertisements

उत्तर

This statement is True 

Reason:

When a new partner is admitted to the firm, he brings his share of capital and goodwill, in cash or in-kind, to enjoy the right of sharing the future profit, and hence there will be an increase in the capital of the firm.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Reconstitution of Partnership (Admission of Partner) - Exercise 3.1 (Objective Type Questions) [पृष्ठ १६०]

APPEARS IN

बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 3 Reconstitution of Partnership (Admission of Partner)
Exercise 3.1 (Objective Type Questions) | Q 1. (C) 9. | पृष्ठ १६०
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×