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easyMCQCUET Accountancy 2025 27 May Shift 22026Accountancy
1 mark

At the time of admission of a new partner, for getting a right to share the assets of the partnership firm, the new partner at least will bring:

  1. A
    Amount of his loan.
  2. B
    Amount of his capital and amount of his Premium for Goodwill.
  3. C
    Amount of his Premium of Goodwill.
  4. D
    Amount of his capital.

Solution & Step-by-step Explanation

When a new partner enters a partnership, they primarily bring two contributions for two distinct rights:Capital: To acquire a right to share the assets of the firm.Premium for Goodwill: To acquire a right to share the future profits of the firm.Since the question asks specifically about securing the right to share assets, the new partner must bring capital.

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At the time of admission of a new partner, for getting a right to share the assets of the partnership firm, the new partner at least will bring:
A
Amount of his loan.
B
Amount of his capital and amount of his Premium for Goodwill.
C
Amount of his Premium of Goodwill.
D
Amount of his capital.

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