Edzy
AI TutorResourcesToolsCompareBuy
SearchDownload AppLogin
Edzy

Edzy for Classes 6-12

Edzy is a personal AI tutor for CBSE and State Board students, with curriculum-aligned guidance, practice, revision, and study plans that adapt to each learner.

  • Email: always@edzy.ai
  • Phone: +91 96256 68472
  • WhatsApp: +91 96256 68472
  • Address: Sector 63, Gurgaon, Haryana

Follow Edzy

Browse by Class

  • CBSE Class 6
  • CBSE Class 7
  • CBSE Class 8
  • CBSE Class 9
  • CBSE Class 10
  • CBSE Class 11
  • CBSE Class 12
Explore the CBSE resource hub

Explore Edzy

  • Study Resources
  • Free Study Tools
  • Best Apps for Board Exams
  • Edzy vs ChatGPT
  • About Us
  • Why We Built Edzy
  • Blog
  • CBSE AI Tutor

Support & Legal

  • Help & FAQs
  • Accessibility
  • Privacy Policy
  • Terms & Conditions
  • Refund Policy
  • Cookie Policy
  • Site Directory

© 2026 Edzy. All rights reserved.

Curriculum-aligned learning paths for students in Classes 6-12.

RP
Question Practice

In a partnership where contributions vary but the goodwill value remains the same, how is goodwill typically treated during a new partner's admission?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

In a partnership where contrib...

Single Answer MCQ
Q-00082146

In a partnership where contributions vary but the goodwill value remains the same, how is goodwill typically treated during a new partner's admission?

1

No need for goodwill calculations

2

Consider only the partner's capital input

3

Distribute based on the sacrificing ratio

4

Goodwill absorbs all contributions

Previous QuestionNext Question

Video Explanation

Answer

Solution:

Watch Video Solution

Login to get access

Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What is reconstitution of a partnership firm?

Single Answer MCQ
View explanation
Q2.

What are the different modes of reconstitution of a partnership firm?

Single Answer MCQ
View explanation
Q3.

When can a new partner be admitted into a partnership firm?

Single Answer MCQ
View explanation
Q4.

What rights does a newly admitted partner acquire in a partnership firm?

Single Answer MCQ
View explanation