The bonus and goodwill methods of recording the admission of a new partner will produce the same result if the:
A) new partner's profit-sharing ratio equals his capital interest
B) old partners' profit-sharing ratio in the new partnership is the same relatively as it was in the old partnership.
C) both new partner's profit-sharing ratio equals his capital interest and old partners' profit-sharing ratio in the new partnership is the same relatively as it was in the old partnership are met
D) none of these.
Correct Answer:
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