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Give the journal entry for writing off existing goodwill at the time of admission of a new partner. - Accountancy

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प्रश्न

Give the journal entry for writing off existing goodwill at the time of admission of a new partner.

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उत्तर

Journal Entry

Date Particulars L.F. Debit Credit
  Old Partner's Capital/Current A/c (in old ratio)
To Goodwill A/c
(Existing goodwill off)
  xxx
-
-
xxx
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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Admission of a partner - Very short answer questions [पृष्ठ १७३]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 5 Admission of a partner
Very short answer questions | Q II 4. | पृष्ठ १७३
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