Which of the following statement is wrong in the context of admission of a partner?
Which of the following statement is wrong in the context of admission of a partner?
a) Increase in the valuation of asset will increase capital
b) Increase in the valuation of asset will decrease capital
c) Increase in the valuation of liability will decrease capital
d) Decrease in the valuation of liability will increase capital
Anurag Pathak Changed status to publish June 8, 2023
Ans – b)
Explanation:-
Increase in the valuation of asset will increase the capital not decrease
Anurag Pathak Changed status to publish June 8, 2023
