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Z is admitted in a firm for al/4 share in the profit for which he brings 7
English
Reconstitution of Partnership Firm: Admission of a Partner
Question
Updated
19 Aug 2026
Z is admitted in a firm for al/4 share in the profit for which he brings 7 30,000 for goodwill. It will be taken away by the old partners X and Y in :
A
Choose Your Answer
A
Old profit-sharing ratio
B
New profit-sharing ratio
C
Sacrificing ratio
D
Capital ratio
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