At the admission of a new partner all the assets and-13435
At the admission of a new partner, all the assets and liabilities of the old business are revalued in order to know the exact worth of the business. Is that statement is correct?
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Lecture No.35 - Quiz No.1.
