9\ A and B are partners in a firm sharing profits in the ratio of 3:2. They admit C as the new partner for 1/6th share in the profits. The firm goodwill was valued at OMR 150,000. For adjustment of goodwill, Cs account will be debited by:

a\ OMR20,000.

b\ None of the three.

c\ OMR25,000.

d\ OMR15,000.

10\ A decrease in provision for doubtful debts is debited to the Revaluation Account.

Select one:

True

False

choose the correct answer