On admission of a partner if goodwill account is to be raised this should be debited to………….
A. Partner’s capital A/c
B. Goodwill A/c
C. Revaluation A/c
D. None of these
Answer:B
On admission of a partner if goodwill account is to be raised this should be debited to………….
A. Partner’s capital A/c B. Goodwill A/c C. Revaluation A/c D. None of these