Question 0

When goodwill is not retained in the business, the entries in the new partners' book will be to debit?

  • A.good account and credit partners' capital account
  • B.partners' capital account and credit goodwill account
  • C.cash account and credit goodwill account
  • D.goodwill account and credit cash account
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2006
Question no.
#0
Type
Objective

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