1 point
When new partner brings his
share of goodwill in cash and it
is withdrawn by old partners,
the entry for actual withdraw is
Goodwill A/C ......Dr. To Old Partners'
Capital / Current A/c (Old Ratio)
Cash / Bank / A/c.......Dr. To
Goodwill A/C
O
Old Partner's Capital / Current A/c.
Dr..... To Cash / Bank A/C
Goodwill A/c ..... Dr. To Old Partners'
Capital / Current A/c (New Ratio)
Answers
Answered by
1
Answer:
none of these
Step-by-step explanation:
chose me as brain list
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