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Question 28 Not yet answered Marked out of 1 Flag question Journal entry required to be passed, in the books of the partnership firm, on
Question 28 Not yet answered Marked out of 1 Flag question 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? a. Dr. - New Partner's Capital A/C ---- Cr.- Old Partners Capital A/C b. Dr. - Cash --- Cr.- Premium O c. No entry is required d. Dr.- New Partner's Capital A/C --- Cr. - Premium A/C
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