The accounting entry to record the premium on goodwill is to debit?
A cash and credit old partners’ capital
B goddwill and credit revaluation
C assets and credit capital
D capital and credit assets
Answer is B
Tutors, Past Questions and Projects.
The accounting entry to record the premium on goodwill is to debit?
A cash and credit old partners’ capital
B goddwill and credit revaluation
C assets and credit capital
D capital and credit assets
Answer is B
