Changes can occur in partnership when: i. partnership is dissolved ii. There is amalgamation of...

JAMB 2017

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

A. I,II and IV
B. I & III
C. I,II and III
D. I, III and IV

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Correct Answer: Option C

Explanation

I II and III:Changes will occur in partnership is dissolved amalgamation and changes in profit or loss sharing ratio

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Changes can occur in partnership when: i. partnership is dissolved ii. There is amalgamation of...

Correct Answer: Option C

Explanation

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