Select the correct option to test your answer:
More Commerce Questions
X and Y are partners in the firm. Their profit sharing ratio is 2 : 3. Rs. 10,000 goodwill is appearing in the books. Z becomes new partner in the firm for $${\frac{1}{5}^{{\text{th}}}}$$ share. His share of goodwill is calculated as Rs. 15,000. Amount of goodwill credited to old partners capital account will be
Real risk-free rate is applicable when it is expected that there will be
In the case of joint stock companies, the assets and liabilities in B/S are arranged in the order of . . . . . . . .
Cardinal measure of utility is required in:
On admission of a new partner increase in the value of an assets is credited to