हिंदी

State whether the following statement is True or False with reason. If Goodwill is written off a deceased partner’s capital account is debited. - Book Keeping and Accountancy

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प्रश्न

State whether the following statement is True or False with reason.

If Goodwill is written off a deceased partner’s capital account is debited.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

This statement is False.

When the benefits of goodwill are given to the deceased partner, his capital account is credited and when such goodwill is written off, capital accounts of remaining partners are debited.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Reconstitution of Partnership (Death of Partner) - Exercise 5.1 (Objective Questions) [पृष्ठ २०१]

APPEARS IN

बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 5 Reconstitution of Partnership (Death of Partner)
Exercise 5.1 (Objective Questions) | Q 1. C. 3. | पृष्ठ २०१
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