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Share of goodwill is Rs. 50,000 but the new partner brings only Rs. 20,000. His current account is debited by?
ARs. 70,000
BRs. 50,000
CRs. 20,000
DRs. 30,000
Answer & Solution
Correct answer: D. Rs. 30,000
Only the unpaid part is debited, which is 50,000 minus 20,000 = 30,000.
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