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RP
Question Practice

What is the effect of an increasing goodwill value on the existing partners’ capital?

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

What is the effect of an incre...

Single Answer MCQ
Q-00082133

What is the effect of an increasing goodwill value on the existing partners’ capital?

1

Decrease in partners' capital

2

No effect on capital

3

Increase in partners' capital

4

Change in profit-sharing ratio

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