English

Any change in the relationship of existing partners which results at an end of the existing agreement and enforces making of a new agreement is called:

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Question

Any change in the relationship of existing partners which results at an end of the existing agreement and enforces making of a new agreement is called:

Options

  • Revaluation of partnership

  • Reconstitution of partnership

  • Realisation of partnership

  • None of the above

MCQ
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Solution

Reconstitution of partnership

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Chapter 2: Change in Profit Sharing Ratio among the Existing Partners - OBJECTIVE TYPE QUESTIONS [Page 2.100]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 2 Change in Profit Sharing Ratio among the Existing Partners
OBJECTIVE TYPE QUESTIONS | Q (E) 2. | Page 2.100
D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 2 Change in Profit Sharing Ratio among the Existing Partners
OBJECTIVE TYPE QUESTIONS | Q (E) 36. | Page 2.106
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