Admission of a ...

Out of the following, which is the main right of a partner?

Sacrifice ratio is used only for

Goodwill Given in the old Balance Sheet will be:

Why a new partner is admitted in the firm?

How will you calculate sacrificing ratio

 Admission of a partner is one of the mode of reconstituting the firm under which

According to Section 30 of Partnership Act 1932:

New profit sharing ratio means

Amount brought by a new partner for his share in goodwill is known as _____

At the time of admission of a new partner, the new partner acquires his share from the old partners in the:

Section ____ of the Indian Partnership Act provides that a new partner shall not be inducted into a firm without the consent of all existing partners

A and B are partners in a firm sharing profits in the ratio of 2 : 1. They admit C as a new partner for 1/5 share. New Ratio will be 8:4:3. Sacrificing ratio will be:

A and B are partners in a firm sharing profits in the ratio of 5 : 3. They admit C as a new partner for 1/5 share. New Ratio will be 3 : 1  : 1. Sacrificing ratio will be:

A and B are partners in a firm sharing profits in the ratio of 4 : 3. They admit C as a new partner. New Ratio will be 2 : 3 : 1. Sacrificing ratio will be:

A and B are partners in a firm sharing profits in the ratio of 3 : 2. They admit C as a new partner for 1/4 share. New Ratio of A and B will be 2 : 1 . Sacrificing ratio will be:

A and B are partners in a firm sharing profits in the ratio of 5 : 3. They admit C as a new partner for 1/7 share. New Ratio will be 4 : 2 : 1. Sacrificing ratio will be:

A and B are partners in a firm sharing profits in the ratio of 2 : 1. They admit C as a new partner for 1/5 share. New Ratio of A and B will be 1 : 2. Sacrificing ratio will be:

According to section 31(1) of _____ new partner can be admitted only with consent of all existing partners

 The incoming partner cannot acquire his share of profits :

Premium brought by the new partner will be shared by the existing partners in: