Changes can occur in partnership when i partner... - JAMB Accounting 2017 Question
Changes can occur in partnership when:
i. partnership is dissolved
ii. There is amalgamation of partnership
iii.There is a change in the profit or loss sharing ratio
Iv. Intangible asset increase
i. partnership is dissolved
ii. There is amalgamation of partnership
iii.There is a change in the profit or loss sharing ratio
Iv. Intangible asset increase
A
I,II and IV
B
I & III
C
I,II and III
D
I, III and IV
correct option: c
I II and III:Changes will occur in partnership is dissolved amalgamation and changes in profit or loss sharing ratio
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