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

  • question_answer
    Aditya and Shiv were partners in a firm with capitals of Rs. 3,00,000 and Rs. 2,00,000 respectively. Naina was admitted as a new partner for 1/4th share in the profits of the firm. Naina brought Rs. 1,20,000 for her share of goodwill premium and Rs. 2,40,000 for her capital. The amount of goodwill premium credited to Aditya will be :

    A) 40,000

    B) 30,000

    C) 72,000

    D) 60,000

    Correct Answer: D

    Solution :

    60,000


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