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 sharing profits in the ratio of 3:2. They decided to admit Rishi as a new partner and new profit sharing ratio is 2:1:2. Rishi Paid Rs. 2,00,000 as his share of goodwill and 30% of the amount 4 premium for goodwill credited is withdrawn by the sacrificing partners. Amount withdrawn by B will be: