If a manger is admitted as a partner with effect from 1st April 2012. Will anything be done to the profit for the year ending 31st March 2012?

Niren Sharma's image
Niren Sharma
May 25, 2017, 2:25 p.m.

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Maninder's image
Maninder
May 25, 2017, 4:41 p.m.

Profit shall be transferred to Capital or Current A/c of old partners

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