Question

8. When a new partner does not bring his share of goodwill in cash, the amount is debited to
(A) Cash Alc
(B) Premium A/C
(C) Current A/c of the new partner
(D) Capital A/cs of the old partners ​

Answer 1

Answer:

capital a/c of the old partnerssss

Answer 2

I think the answer will be a) cash A/c