Complete Summary and Solutions for Reconstitution of a Partnership Firm – Admission of a Partner – NCERT Class XII Accountancy, Chapter 2 – Partnership Reconstitution, Admission, Profit Sharing, Goodwill, Revaluation, Capital Adjustment

Detailed summary and explanations of Chapter 2 'Reconstitution of a Partnership Firm – Admission of a Partner' from the NCERT Class XII Accountancy textbook, covering the concept and modes of reconstitution, admission procedures, calculation of new and sacrificing profit sharing ratios, valuation and treatment of goodwill, revaluation of assets and liabilities, adjustment of accumulated profits and losses, capital adjustments, and all related NCERT exercises and solutions.

Updated : 4 days ago