Free MCQ’s Quiz for Class 12 Accountancy Part 1 Chapter 3 – Reconstitution of a Partnership Firm – Admission of a Partner with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 12th Accountancy – ‘Reconstitution of a Partnership Firm – Admission of a Partner’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.
Here, we have provided Free MCQ’s Quiz on Class 12 Accountancy Part 1 – Chapter 3 – Reconstitution of a Partnership Firm – Admission of a Partner. In Reconstitution of a Partnership Firm – Admission of a Partner, we will go over all of this in detail, as well as the accounting implications of admitting a new partner or changing the profit-sharing ratio. According to the Partnership Act of 1932, unless otherwise agreed upon, a new partner can be admitted into the firm only with the consent of all existing partners.
To make you perfect in this topic – Reconstitution of a Partnership Firm – Admission of a Partner, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.
Free MCQ’s on Reconstitution of a Partnership Firm – Admission of a Partner.
Each set of MCQ’s consists of 10 Questions and you can see the results immediately after submitting the Set.