2. Questions Bank
  3. 12th Class
  4. Accountancy
  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 3:1. They decided to admit Rishi as a new partner and new profit sharing ratio is 1:1:1. Rishi Paid Rs. 2,00,000 as his share of goodwill. B's Capital account is to be credited/debited with:

    A) 30,000 (Dr.)

    B) 30,000 (Cr.)

    C) 50,000 (Dr.)

    D) 50,000 (Cr.)

    Correct Answer: C

    Solution :

    50,000 (Dr.)


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