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Share of goodwill brought in cash by the new partner is called

+1 vote

asked Jan 23, 2019 in Class 12 by kratos

Share of goodwill brought in cash by the new partner is called

(a) Assets

(b) Profit

(c) Premium

(d) Loss

reconstitution of a partnership firm
class-12
cbse

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1 Answer

+2 votes

answered Mar 7, 2020 by kratos

Best answer

Share of goodwill brought in cash by the new partner is called Premium

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