A) Debit the gainer and credit the sacrificing partner
B) It is not necessary for a new partner to bring premium for goodwill in cash
C) Both new partner and gainer partner will compensation the sacrificing partner
D) It is not necessary to value the goodwill when a new partner is admitted
Correct Answer: D
Solution :
It is not necessary to value the goodwill when a new partner is admittedYou need to login to perform this action.
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