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Reconstitution of Partnership (Admission of Partner) — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyReconstitution of Partnership (Admission of Partner)1 Mark
MCQ
When goodwill is written off, partners’ capital accounts are $.........$
  • A
    credited
  • ✓
    debited
  • C
    increase
  • D
    none of these
✓

Answer

Correct option: B.
debited

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