Advanced Accounting
Advanced Accounting
14th Edition
ISBN: 9781260247824
Author: Joe Ben Hoyle, Thomas F. Schaefer, Timothy S. Doupnik
Publisher: RENT MCG
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Chapter 14, Problem 14Q
To determine

Describe the methods that a new partner can gain admittance into a partnership.

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What is the admission of a new partner to an existing partnership?
If you decide to join a partnership, which type of admission would you choose and why?
What increases a partner's interest in a partnership?
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