Hidden goodwill in case of admission of a new partner is shared between the partners.

old

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gaining

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Solution

The correct option is A old
Hidden goodwill in case of admission of a new partner is shared between the old partners in sacrificing ratio.

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Similar questions

In the case of hidden goodwill, the new partner`s capital account is ___ with his share of goodwill.

What is meant by new profit sharing ratio in case of admission of a partner ?

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