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RP
Question Practice

In a partnership, if partner A withdraws Rs. 10,000 more than their required capital after adjustments, what should partner B do?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

In a partnership, if partner A...

Single Answer MCQ
Q-00082155

In a partnership, if partner A withdraws Rs. 10,000 more than their required capital after adjustments, what should partner B do?

1

Withdraw the same amount

2

Contribute an additional amount

3

Leave the capital as is

4

Take a loan to cover losses

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Q1.

What is reconstitution of a partnership firm?

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Q2.

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Q3.

When can a new partner be admitted into a partnership firm?

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Q4.

What rights does a newly admitted partner acquire in a partnership firm?

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