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P1 C3 VALUATION OF GOODWILL — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C3 VALUATION OF GOODWILL1 Mark
MCQ
In which ratio goodwill amount brought by new partner is distributed among the old partners?
  • ✓
    Sacrifice ratio
  • B
    Capital ratio
  • C
    Equal ratio
  • D
    Gain ratio
✓

Answer

Correct option: A.
Sacrifice ratio

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