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If the incoming partner brings the amoun...

If the incoming partner brings the amount of goodwill in Cash and also a balance exists in goodwill account, then this goodwill account is written off among the old partners in

A

The new profit sharing ratio

B

The old profit sharing ratio

C

The sacrificing ratio

D

The gaining ratio

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DK GOEL-ADMISSION OF A PARTNER -MCQ Treatment of Goodwill :
  1. In the absence of an express agreement as to who will contribute to ne...

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  2. When a new partner brings goodwill in Cash, it is credited to :

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  3. If the incoming partner brings the amount of goodwill in Cash and also...

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  4. If, at the time of admission, the revaluation A/c shows a profit, it s...

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  5. Revaluation Account or Profit and Loss Adjustment A/c is a

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  6. In case of admission of a partner, the entry for unrecorded investment...

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  7. When the balance sheet is prepared after the new partnership agreement...

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  8. Goodwill of a firm of A and B is valued at Rs. 30,000. Goodwill is app...

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  9. A and B are partners of a partnership firm sharing profits in the rati...

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  10. X and Y are partners sharing profits in the ratio 5 : 3. They admitted...

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  11. Ramesh and Suresh are partners sharing profits in the ratio of 2 : 1 r...

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  12. A and B are partners in a firm having a capital of ₹ 54,000 and ₹ 36,0...

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  13. A and B are in partnership sharing profits in the ratio of 3 : 2. They...

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  14. X and Y are partners sharing profits in the ratio of 4 : 3. Z is admit...

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  15. A and B are partners sharing profits in the ratio of 2 : 3. Their Bala...

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  16. A, B and C are partners sharing profits in ratio of 3 : 2 : 1. They ag...

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  17. X and Y are partners sharing profits in the ratio 2 : 3. They admitted...

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  18. A, B, C and D are partners. A and B share 2/3rd of profits equally and...

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  19. Sacrificing ratio is used to distribute ………. In case of admisstion of ...

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  20. X and Y are partners in a firm with capital of Rs.1,80,000 and Rs.2,00...

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