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The accounting entry to record the premium on goodwill is to debit?
Question 1
Report
The accounting entry to record the premium on goodwill is to debit?
cash and credit old partners' capital
goddwill and credit revaluation
assets and credit capital
capital and credit assets
Answer Details
Read lesson note on Partnership Accounts (JAMB)
Read lesson note on Nature And Significance Of Accounting (JAMB)
Partnership Accounts
Nature And Significance Of Accounting
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