Class 12 DK Goel Solutions Volume 1 Chapter 4 - Retirement or Death of a Partner
Retirement of a partner means the withdrawal of his or her partnership from a firm. This can be done with (i) prior notice by the partner, (ii) existing agreement of sorts, and (iii) all partners’ consent. The retirement or demise of a partner leads to the reconstitution of the agreement between existing partners. Students can Download DK Goel accountancy class 12 solutions Chapter 4 PDF for Perform well in Examination.