2. Sample Papers
  3. 12th Class
  4. Accountancy

12th Class Accountancy Sample Paper Accountancy - Sample Paper-12

  • question_answer
    Rahul is admitted as a partner in M/s ABC & Co. Rahul was to bring Rs. 1,00,000 as goodwill. But he is not in a position to bring in the goodwill. The accountant has recorded an entry in the books of accounts by debiting goodwill account and crediting sacrificing partners' capital account. Do you think the accountant has recorded the entry correctly? Give reasons.

    Answer:

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