Which of the Following Is False Regarding the Admission of a New

Which of the following is false regarding the admission of a new partner by purchase of an existing partnership interest?

A) Using the transfer of capital interests approach, total partnership capital stays the same.
B) Using the transfer of capital interests approach, partnership capital of existing partners changes by the same percentage.
C) Using the implied goodwill approach, the only revaluation of partnership net assets is the addition of goodwill.
D) Using the implied goodwill approach, the recognized goodwill is shared among only the existing partners.