At the time of admission of a new partne

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Admission of a Partner

Question:

At the time of admission of a new partner, for getting right to share the assets of the partnership firm, the new partner atleast will bring :-

Options:

Amount of his loan.

Amount of his capital and amount of his Premium for Goodwill.

Amount of his Premium of Goodwill.

Amount of his capital.

Correct Answer:

Amount of his capital.

Explanation:

The correct answer is Option (4) → Amount of his capital.