When goodwill existing in the books is written off at the time of admission of a partner Options: A . &nbspNew profits sharing ratio B . &nbspSacrificing Ratio C . &nbspGaining Ratio D . &nbspOld profit-sharing ratio

When goodwill existing in the books is written off at the time of admission of

Question

When goodwill existing in the books is written off at the time of admission of a partner

Options:

A . New profits sharing ratio

B . Sacrificing Ratio

C . Gaining Ratio

D . Old profit-sharing ratio

Answer: Option D

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Question 1. Change in the relationship of existing partners which results coming to an end in agreement and a new agreement coming ....in agreement and a new agreement coming into effect is:

Question 2. Goodwill of the firm of A and B is valued at Rs....

Question 3. In which ration is utilised for distribution of goodwill by existing partner in the case of admission of new partner?....

Question 4. A and B are partners in the ratio of 2:1....

Question 5. A and B are partners in the ratio of 3:2....

Question 6. Need of Valuation of goodwill arises at the time of....

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