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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
    X and Y are partners with capitals of Rs. 39,000 and Rs. 27,000. They admit Z as partner with 1/5th share in profit of the firm. Z brings Rs. 24,000 as capital. Z's Share for premium for goodwill:

    A) 12,000

    B) 6,000

    C) 8,000

    D) 7,000

    Correct Answer: B

    Solution :

    6,000


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