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  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm : Fundamental

  • question_answer
    When goodwill is not a purchased goodwill, goodwill:

    A) is not shown in the balance sheet

    B) is shown in the balance sheet

    C) may or may not in the balance sheet.

    D) is partly shown in the balance sheet

    Correct Answer: A

    Solution :

    [a] is not shown in the balance sheet


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