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! Required Information [ The following information applies to the questions displayed below. ] A = The amount of tanglble assets contributed by the new

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Required Information
[The following information applies to the questions displayed below.]
A= The amount of tanglble assets contributed by the new parther into the partnership
B= The amount of capital credited to the new partner
C= Total capital of the partnership before the admission of a new partner
D= Total capital of the partnership after the admission of a new partner
Refer to the above information. Which statement below is correct if goodwill of the old partners is recognized upon the contribution of assets into the partnership by a new partner?
Murtiple Cholce
B=A and B=AD**C-AD=C+ABADB and D=C+A
BA and DD
B=A and D**C-A
B and D=C+A
BA and D
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