The journal entries are as under:
$$\text{Incoming partner’s current A/c}\text{Dr.}$$
$$\text{To Sacrificing partners capital A/c}$$
What statement among the following is TRUE for the above entry?

1. A
   When the new Partner brings goodwill in cash.
2. B
   When the new partner does not bring goodwill in cash, partly or fully and goodwill does not exist in the book.
3. C
   When the new partner does not bring goodwill in cash, partly or fully, and the value of goodwill appears in the books is not written off.
4. D
   When the new partner does not bring goodwill in cash, partly or fully, and goodwill exists in the books, at new value of goodwill.