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प्रश्न
When the incoming partner brings his share of premium for goodwill in cash, it is adjusted by crediting to ______.
विकल्प
His Capital Account
Premium for Goodwill Account
Sacrificing Partners' Capital Accounts
None of the above
MCQ
रिक्त स्थान भरें
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उत्तर
When the incoming partner brings his share of premium for goodwill in cash, it is adjusted by crediting to Sacrificing Partners' Capital Accounts.
Explanation:
When the new partner does not deliver the goodwill in cash, his capital account is debited, and a premium for the Goodwill account is created.
shaalaa.com
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