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NCERT Class 12 Reconstitution of a Partnership Firm: Admission of a Partner

Learn the key concepts of admission of a partner including new profit sharing ratio, goodwill adjustment, revaluation of assets & liabilities, capital adjustments, and preparation of new balance sheet. This chapter explains accounting treatment with clear formats and practical examples, helping students understand changes in partnership structure and prepare effectively for CBSE Board exams.

Reconstitution of a Partnership Firm: Admission of a Partner
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Access NCERT Solutions for Class 12 Accountancy – Reconstitution of a Partnership Firm: Admission of a Partner. Get step-by-step explanations, journal entries, revaluation accounts, goodwill treatment, and practical questions as per the latest CBSE syllabus for effective board exam preparation.

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