Out of the following, which one is not a

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Target Exam

CUET

Subject

Accountancy Part A

Chapter

Accounting for Partnership

Question:

Out of the following, which one is not a mode of reconstitution of a partnership firm?

Options:

Change in profit sharing ratio among existing partners

Admission of a new partner

Retirement or Death of existing partner

Dissolution of partnership firm

Correct Answer:

Dissolution of partnership firm

Explanation:

The correct answer is Option (4) →

Dissolution of partnership firm