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Question

Goodwill brought in by an incoming partner in cash for joining in a partnership firm is can be taken by old partners in their -


  1. sacrificing ratio

  2. old profit sharing ratio

  3. new profit sharing ratio

  4. capital ratio


Solution

The correct option is A

sacrificing ratio


Goodwill brought in by an incoming partner in cash for joining in a partnership firm is can be taken by old partners in their sacrificing ratio.

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