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

  • question_answer
    A and B are partners in a firm with capital of Rs. 1,80,000 and Rs. 2,00,000. Z was admitted for 1/3rd share in profits and brings Rs. 3,40,000 as capital. Goodwill of the firm:

    A) 2,40,000

    B) 3,00,000 

    C) 1,00,000 

    D) 1,00,000

    Correct Answer: B

    Solution :

    3,00,000


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