2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Admission of a Partner

12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    When a new partner brings his share of goodwill in cash, the amount is debited to:

    A) Goodwill A/c

    B) Capital A/c of the new partner

    C) Cash A/c

    D) Capital A/cs of the old partners

    Correct Answer: C

    Solution :

    [c] Cash A/c


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