1.d) 64,000 2.b) Capital receipt 3.a) Nominal A/c 4.c) Interest on loan 5.c) Partner's salary 6.c) Rs.10,000 7.a)Goodwill is a intangible asset 8.b)Nominal A/c 9.c).Goodwill bought by new partners 10.b)loss 11.c)2:1 12.d)Reserve capital 13.a) Securities Premium A/c 14.b)As a particular date 15.c)25 16.b)long term solvency 17. 2:1 18.b)withdrawal of cash from bank for office use 19.b) outstanding expense 20.c) indirect incomes
1.d) 64,000
2.b) Capital receipt
3.a) Nominal A/c
4.c) Interest on loan
5.c) Partner's salary
6.c) Rs.10,000
7.a)Goodwill is a intangible asset
8.b)Nominal A/c
9.c).Goodwill bought by new partners
10.b)loss
11.c)2:1
12.d)Reserve capital
13.a) Securities Premium A/c
14.b)As a particular date
15.c)25
16.b)long term solvency
17. 2:1
18.b)withdrawal of cash from bank for office use
19.b) outstanding expense
20.c) indirect incomes
17; 2:1
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