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
    Sacrificing ratio is used to distribute ..................... in case of admission of a partner.

    A) reserves

    B) goodwill

    C) revaluation profit

    D) balance in profit and loss account

    Correct Answer: B

    Solution :

    [b] goodwill


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