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प्रश्न
State 'True' or 'False'
A new partner is admitted in the firm for getting additional capital and skill.
विकल्प
True
False
उत्तर
True
Explanation: There can be many reasons for admitting a new partner in a firm. For example, if the firm is short of capital, then a new partner can be admitted with the approval of all the partners. The new partner brings his or her share of capital, besides the skills possessed by him.
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संबंधित प्रश्न
Select the most appropriate answer from the alternative given below and rewrite the sentence.
Excess of proportionate capital over actual capital represents _________________.
If any asset is taken over by partner from the firm ______ account will be debited.
Objective type questions.
Select appropriate alternatives from those given below and rewrite the sentences.
Excess of proportionate capital over actual capital represents.......................
