Question:
At the time of admission of partner if goodwill exist in the books of account it will be written off among:
At the time of admission of partner if goodwill exist in the books of account it will be written off among:
Updated On: Mar 27, 2025
- Old partners in sacrificing ratio
- All the partners in new ratio
- New partners in gaining ratio
- Old partners in old profit sharing ratio
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The Correct Option is D
Solution and Explanation
The correct option is (D): Old partners in old profit sharing ratio
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