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what is aims and objectives of admission of partners

aims and objective admission of partnes
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objective of admission of partner
 
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Aims and objective admission ,
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To get more capital to expand size of business To get help in management To get reputation and goodwill from incoming partner
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aims and objective admission of partner
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Aims and object admissions of partners
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Neha
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Jb do ya do se adik vyakti mil kr business krte h to yh partnership kahlati h it's aims. Apne vyvsay ko ucha uthana. Jada se jada profit kmana. Uch quality ka products km dam me bechna
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1.Capital investment
2.Business expansion
3.Better management
4.Goodwill(maybe,if the person is reputated)
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Aims and objectives of business
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Share the profit among the partner in profit sharing ratio
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The main aim and adjective of admission of a new partner is, the new partner is going to be a shareholder (i.e yokemate) of the firm...
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reconstitution of partnership , reconstruction of new agreement ,new profit sharing ratio and revaluation of assets and liabilities
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Incrise in Good will & Capital of business.
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1. To provide capital
2. To expand business
3. To earn more profit
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(1) The account which shwos chnge is the value of assets . ( 2 )credit balance on revaluation account. (3)the proportion in which old partners make a securitie. (4) Excess of actual capital over propertionate capital . (5)name of intangible assets having value. (6) account in which debited when new partner cash for his share of good will
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Less competition
More capital
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To reduce the competition
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M and N were partners in a firm sharing profits in the ratio 3:2 ,
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Sindhu bindu
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