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Admission of a ...

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  • Question 1
    1 / -0

    Calculate the new capital of the new firm

  • Question 2
    1 / -0

    If the partners decide to retain assets and liabilities at their existing values , what method should be adopted

  • Question 3
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    How the net worth will be calculated

  • Question 4
    1 / -0

    Revaluation account shows the ____

  • Question 5
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    As per Accounting Standard 26____ goodwill will be recorded in the books of account

  • Question 6
    1 / -0

    Revaluation account is A

  • Question 7
    1 / -0

    When the incoming partner pays his share of goodwill privately to the sacrificing partner outside the business Which account should be debited in the books of account

  • Question 8
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    How would you calculate the new partner’s capital, when it is not given in the question?

  • Question 9
    1 / -0

    If a new partner is admitted during the year the profits for the year should be divided between ____ period on an agreed basis

  • Question 10
    1 / -0

     Which of following account is prepared at the time of admission of a new partner?

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