The treatment of Goodwill appearing in the balance sheet will be: Option 1: Transferred to Debit of Realisation A/C Option 2: Written off among partners in old ratio Option 3: Transferred to credit of Realisation A/C Option 4: Raised and written off

The answer is 'Transferred to Debit of Realisation A/C'. View full solution:

CUET Accountancy - The treatment of Goodwill appearing in the balance sheet will be: | PYQs + Solutions

CUET Accountancy 2022 30 Aug Shift 2

Partnership

Easy

Transferred to Debit of Realisation A/C

Written off among partners in old ratio

Transferred to credit of Realisation A/C

Raised and written off

✅ Correct Option: 1