When a new partner is admitted,the old partnership agreement is still in effect.
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Q46: The admission of a partner does not
Q47: When a withdrawing partner withdraws assets less
Q48: A partner's inability to meet his or
Q49: After selling all the assets and paying
Q50: When a new partner invests less than
Q52: Gains and losses on the sale of
Q53: A partnership is liquidated when a new
Q54: If the asset accounts did not reflect
Q55: A partner who withdraws from a partnership
Q56: If liquidation of a partnership results in
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