When there is no Goodwill Account in the books and goodwill is raised,…………….account will be debited Sol: | Faculties

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Mr. Dubey

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📊 Financial Accounting

Q. When there is no Goodwill Account in the books and goodwill is
raised,…………….account will be debited
Sol:

(A) Partner’s Capital
(B) Goodwill
(C) Cash
(D) Reserve

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✅ Correct Answer: (B) Goodwill

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