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
    When a new partner brings goodwill in cash, it is credited to:

    A) His Capital A/c

    B) Sacrificing Partner's Capital A/cs

    C) Old Partner's Capital A/cs

    D) All Partner's Capital A/cs

    Correct Answer: B

    Solution :

    [b] Sacrificing Partner's Capital A/cs


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