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 C as a new partner and profit sharing ratio become 3:2:3. C brought 45000 as his capital. Partners capitals are fixed, their capitals are : A 45000 and B 10000. C's share of goodwill will be: