Question 27 Journal entry required to be passed in the books of the partnership firm, on payment of the amount goodwill privately by the new partner on admission to the old partners? Not yet answered Marked out of Cr. - Premium A/C Cr.-Old Partners Capital A/C --- F Flag question O a. Dr.- New Partner's Capital A/c O b. Dr. - New Partner's Capital A/C c. No entry is required d. Dr.- Cash --- Cr.- Premium