Admission of a ...

When a new partner brings cash for goodwill, the amount is credited to the __________ .

According to Section $$37$$ of the Indian Partnership Act, 1932, the interest payable to the representative of deceased partner on the amount left by him will be ______________ .

Verma and Sharma are partners in a firm sharing profits and losses in the ratio of $$5:3$$. They admitted Ghosh as a new partner for $$1/5^{th}$$ share of profits. Ghosh is to bring in $$Rs. 20,000$$ as capital and $$Rs. 4,000$$ as his share of goodwill premium. Give the necessary Journal entries, when goodwill is paid privately.

The optimum point is an ________ size of a firm.

Project which is started by firm for increasing sales is classified as _______________.

Goodwill means ____________.

An example of an intangible asset is:

The formula of capitalisation method is ___________.

According to the value of goodwill, the type of customers may be divided into ________________.

Under the memorandum revaluation method ___________.