CUET Accountancy - If a new partner does not bring his share of goodwill in cash, the following treatment shall be made | PYQs + Solutions

CUET Accountancy 2025 15 May Shift 2

Partnership

Medium

crediting old partners capital A/c in new ratio and debiting new partner capital A/c

crediting old partners capital A/c in sacrificing ratio and debiting new partner current A/c

crediting all partners in the new ratio and debiting premium account

no entry is made when new partner does not bring his share of goodwill in cash

✅ Correct Option: 2

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CUET Accountancy 2025 15 May Shift 2 PYQs

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