true or false

a. The admission of a new partner by purchasing a portion of interest of an existing partner creates a new relationship between the incoming partner and the remaining partner.

b. The admission of a new partner requires the consent of all the partners.

c. When a partner sells an interest, an entry is required to transfer the interest sold to the capital account of the buying partner

d. The amount of net assets invested by a new partner into an existing partnership is always equal to the amount credited to his capital account

e. When a partner sells an interest to a new partner at an amount that exceeds the carrying amount of the equity sold, the difference is recognized in the books of the partnership as a gain

f. The partnership of A, B and C, adopts the calendar year as its reporting period. C withdraw from the partnership on July 31, 2016. As a result of this withdrawal, C should receive a share in the profit from January 1 to December 31, 2016

g. The change in the civil status of a partner (example: marriage of a partner) dissolves the partnership.

h. The dissolution of a partnership does not necessarily result in partnership liquidation.

i.A partner may withdraw from a partnership by selling his interest to one or more remaining partners.

j. Creditors are not necessarily affected by the dissolution of the partnership.