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Daily Practice Paper Class XII Accountancy Part I Chapter 2 Reconstitution of a Partnership Firm – Admission of a Partner

Daily Practice Paper Class XII Accountancy Part I Chapter 2 Reconstitution of a Partnership Firm – Admission of a Partner

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Prepare effectively for partnership reconstitution with this Daily Practice Paper for Admission of a Partner. Based on the latest CBSE syllabus, it covers new ratio, sacrificing ratio, goodwill valuation, revaluation of assets & liabilities, adjustments in capital, and treatment of reserves. Includes MCQs, short questions, journal entries, numericals, and case-based items for solid exam practice.

Daily Practice Paper – Class XII Accountancy (Part I) | Chapter 2: Reconstitution of a Partnership Firm – Admission of a Partner

Master one of the most important areas of partnership accounting with this comprehensive Daily Practice Paper for Class XII Accountancy, Chapter 2 – Reconstitution of a Partnership Firm: Admission of a Partner. Designed according to the latest CBSE 2025–26 syllabus and NCERT guidelines, this resource helps students understand key concepts such as new profit-sharing ratio, sacrificing ratio, goodwill valuation, treatment of accumulated profits & losses, revaluation of assets & liabilities, and adjustments to capital accounts.

The DPP includes a rich mix of MCQs, short answers, reasoning-based questions, journal entries, revaluation problems, goodwill numericals, and application-based case studies. Each question strengthens conceptual clarity and boosts numerical accuracy required for board exams.

Perfect for daily revision, homework, classroom assignments, and self-study, this resource builds confidence and ensures thorough practice of all essential adjustments involved in admission of a partner.

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