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admission of a partner
- Interview • 19 pages • 2021
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Admission of a partner

Meaning:

When a new partner is admitted in a running business due to the requirement of more capital or

may be to take advantage of the experience and competence of the newlyadmitted partner or any

other reason, it is called admission of a partner in partnership firm.
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admission of a partner
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Admission of a partner 
Meaning: 
When a new partner is admitted in a running business due to the requirement of more capital or 
may be to take advantage of the experience and competence of the newlyadmitted partner or any 
other reason, it is called admission of a partner in partnership firm.
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$6.50 for your textbook summary multiplied by 100 fellow students... Do the math: that's a lot of money! Don't be a thief of your own wallet and start uploading yours now. Discover all about earning on Stuvia