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  5. Admission of a Partner

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 7:3. They decided to admit Rishi as a new partner and new profit sharing ratio is 4:3:3. Rishi Paid Rs. 12,000 as his share of goodwill. Amount of goodwill transfer to the capital account of B:

    A) 1200

    B) 4800

    C) 3600    

    D) Nil

    Correct Answer: D

    Solution :

    Nil


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