CUET UGAccountancyMCQ
Q16. Where a new partner brings his share of capital and goodwill in cash. Identify the correct treatment from the following options: (a) New partner's capital and his premium, both will be distributed among the existing partners in existing profit-sharing ratio. (b) Only new partner's capital will be distributed among the existing partners in existing profit-sharing ratio. (c) Only new partners premium will be distributed among sacrificing partners in the sacrificing ratio. (d) Only new partner's premium will be distributed among gaining partner in their gaining ratio.

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