12th Class
Accountancy
Admission of a Partner
Question Bank
MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner
question_answer
Aditya and Shiv were partners in a firm with capitals of Rs. 3,00,000 and Rs. 2,00,000 respectively. Naina was admitted as a new partner for 1/4th share in the profits of the firm. Naina brought Rs. 1,20,000 for her share of goodwill premium and Rs. 2,40,000 for her capital. The amount of goodwill premium credited to Aditya will be :