Calculate the total amount brought in by new partner D including Goodwill share : Option 1: 50,000 Option 2: 68,000 Option 3: 1,40,000 Option 4: 18,000

The answer is '68,000'. View full solution:

CUET Accountancy - Calculate the total amount brought in by new partner D including Goodwill share : | PYQs + Solutions

CUET Accountancy 2022 23 Aug Shift 2

Partnership

Medium

50,000

68,000

1,40,000

18,000

✅ Correct Option: 2

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If there is no claim against Workmen Compensation Reserve, it is __________ at the time of admission of a partner.

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A and B are partners in a firm sharing profits in the ratio 2:1. C is admitted into the firm with 1/4th share in profits and he brings Rs. 30,000 as his capital. If the capitals of A and B are to be adjusted in their profit sharing ratio then the capital of A will be-

4 June Shift 2

Which of the following factors affects the value of goodwill?

(A). Location of Business

(B). Partner's Performance

(C). Nature of Business

(D). Market Situation

Choose the correct answer from the options given below:

CUET Accountancy 2022 23 Aug Shift 2 PYQs

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