Accounting JAMB

An outright sale of a partnership amounts to the?

A. compensation of vendors by the purchase
B. admission of a new partner
C. purchase of rights of a dead partner
D. change of sharing ratio of vendors

Correct Answer:

Option D – change of sharing ratio of vendors

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: Accounting

Recent Posts

THM 204 Theory Question: The Role of Census Data in Sustainable Tourism Development and Regional Balance

200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…

7 hours ago

THM 204 Theory Question: Population Studies: Data Needs and Urbanization Impacts

200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…

7 hours ago

THM 204 Theory Question: Evaluation of Malthusian Theory in Explaining Contemporary Population Challenges

200 Level Department of Tourism And Hospitality Management exam questions and detailed answers. Download the answers…

7 hours ago

THM 201 Theory Question: Why Recreation and Tourism is an Attractive Development Option for Nigeria

200 Level Department of Geography And Planting Science exam questions and detailed answers. Download the answers…

8 hours ago

THM 201 Theory Question: Generic Benefits of Recreation and Tourism Activities in Africa

200 Level Department of Geography And Planting Science exam questions and detailed answers. Download the answers…

8 hours ago

THM 201 Theory Question: Roles of Government and Governance in Nigeria’s Recreation and Tourism Development

200 Level Department of Geography And Planting Science exam questions and detailed answers. Download the answers…

9 hours ago