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 5:4. A surrender 1/5th from his share and B surrender 1/4 of his share in favour of Rishi. Goodwill of the firm is 45,000. Rishi's Share of goodwill is:

    A) 16,000

    B) 15,000

    C) 14,000

    D) 13,000

    Correct Answer: C

    Solution :

    14,000


You need to login to perform this action.
You will be redirected in 3 sec spinner