Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Admission of a Partner

Question:

Arrange in correct sequence at a time of admission of partner-

(A) Adjustments of capital accounts.
(B) Valuation of goodwill
(C) Calculation of new profit sharing ratio and sacrificing ratio.

Choose the correct answer from the options given below:

Options:

(A), (B), (C)

(A), (C), (B)

(B), (A), (C)

(C), (B), (A)

Correct Answer:

(C), (B), (A)

Explanation:

The correct answer is Option (4) → (C), (B), (A)