9706/12 Accounting Oct Nov 2020 Online Test | Cambridge AS and A Level MCQ
CIE
AS & A Level
Accounting (9706)
بهمن
2020
مشاهده نمونه سوال
شامل مباحث:
AS Level
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Neda Bani L and M were in partnership sharing profits and losses equally. They admitted a new partner, P.
The partners do not have a partnership agreement. The terms of P’s admission were as follows:
1 Assets were revalued downwards by $\$ 60000$.
2 Goodwill was valued at $\$ 30000$ but was not retained in the books of account.
What will be the effect on L’s capital account balance on the admission of P?
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