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
    If the new partner brings his share of goodwill in cash, it will be shared by old partners in:

    A) ratio of sacrifice  

    B) old profit sharing ratio

    C) new profit sharing ratio    

    D) capital ratio

    Correct Answer: A

    Solution :

    [a] ratio of sacrifice


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