Question: 4. Based on imaginary figures if a new partner coming (admission of a partner), what are the procedures/ calculations/ accounts you need to prepare in

4. Based on imaginary figures if a new partner coming (admission of a partner), what are the procedures/ calculations/ accounts you need to prepare in your business?

5. Based on imaginary figures if a partner retiring, what are the procedures/calculations/ accounts you need to prepare in your business?

6. Based on imaginary figures if the partners deciding to liquidate/dissolve, what are the procedures/ journal entries/ calculation you need to prepare in your business?

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