Which of the following is not to be taken care while admitting a new partner?

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Question:

Which of the following is not to be taken care while admitting a new partner?

A.

Computation of newprofit sharing ratio and sacrifice ratio

B.

Accounting treatment of goodwill

C.

Professional qualification of admitting partner

D.

Revaluation of assets and liabilities

Answer» c. Professional qualification of admitting partner

Note: The above multiple-choice question is for all general and Competitive Exams in India.