12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    Premium for goodwill is not recorded at all on admission of a partners:

    A) If Paid Privately

    B) If Brought in cash

    C) If Brought in kind

    D) When new partner does not bring his share of goodwill

    Correct Answer: A

    Solution :

    If Paid Privately


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