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  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 partners capitals are fixed, premium for goodwill will be:

    A) Credited to the Partners Capital A/cs

    B) Credited to the sacrificing partners current A/cs

    C) Credited to the Revaluation A/c

    D) Credited to the P/L A/c

    Correct Answer: B

    Solution :

    Credited to the sacrificing partners current A/cs


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