If you fail, never give up because FAIL means 'First Attempt In Learning'.— A. P. J. Abdul Kalam

CUET UG · Accountancy / Book-Keeping · Quiz

Accountancy / Book-Keeping — quick quiz

5 real CUET UG questions on Accountancy / Book-Keeping. Instant scoring and solutions, no signup — see where you stand in ~3 minutes.

Question 1 of 5

EASY

A and B are partners sharing profits in the ratio 3:2. They admit C as a new partner for 1/5 share. C brings Rs 50,000 as his capital and Rs 12,000 as his share of goodwill in cash. The goodwill amount will be credited to: