The accounting entry to record the premium on goodwill is to debit?

By: |Published on: Dec 7|Categories: Accounting JAMB| 0 comments

A. cash and credit old partners’ capital
B. goodwill and credit revaluation
C. assets and credit capital
D. capital and credit assets

Correct Answer:

Option B – goodwill and credit revaluation

Users Also Read These:

SEE ALSO  Find the current assets?

Copyright warnings! Do not copy.