Advertisements
Advertisements
Question
Match the following items:
| (i) | When the new partner brings additional cash other than his capital | (a) | Capital |
| (ii) | When the new partner brings Assets other than cash for his capital | (b) | Reserves |
| (c) | Profit | ||
| (d) | Premium for goodwill |
Match the Columns
Advertisements
Solution
| (i) | When the new partner brings additional cash other than his capital | (d) | Premium for goodwill |
| (ii) | When the new partner brings Assets other than cash for his capital | (a) | Capital |
shaalaa.com
Is there an error in this question or solution?
