On dissolution, Goodwill Account is transferred to
A. In the Capital Accounts of Partners.
B. On the Credit of Cash Account.
C. On the Debit of Realisation Account
D. On the Credit of Realisation Account.
Answer:C
On dissolution, Goodwill Account is transferred to
A. In the Capital Accounts of Partners. B. On the Credit of Cash Account. C. On the Debit of Realisation Account D. On the Credit of Realisation Account.