At the time of admission of a new partners general reserve appearning in the old Balance Sheet is transferred to:
A) All Partner's Capital Accounts
B) New Partner's Capital Account
C) Old Partners'. Capital Accounts
D) None of these
Correct Answer:
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Q9: When there is a change in the
Q10: Goodwill is nothing more than probability that
Q11: Goodwill is to be calculated at one
Q12: When there is no Goodwill Account in
Q13: The amount of goodwill is paid by
Q15: An asset which does not have a
Q16: Valuation of ------------- Assets is difficult.
A)Intangible
B)Wasting
C)Current
D)all
Q17: Following are forms of Intangible assets.
A)Brand, Goodwill,
Q18: The value of Intangible assets is -------------
Q19: The following statement stands true when intangible
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