Ms. Amina and Ms.Bushra are partners sharing profits and losses in the ratio of 3:2. Ms.Kareerna is admitted as a new partner for 1/4th share. Ms. Kareema brings RO. 60,000 as his capital and brings only 60% of his share of Goodwill in cash. The total Goodwill of the firm is RO. 80,000. How much amount of goodwill Ms. Kareema not brought to the firm? None of the choices OMR 15,000 OMR 8000 OMR 12000

Ms. Amina and Ms.Bushra are partners sharing profits and losses in the ratio of 3:2. Ms.Kareerna is admitted as a new partner for 1/4th share. Ms. Kareema brings RO. 60,000 as his capital and brings only 60% of his share of Goodwill in cash. The total Goodwill of the firm is RO. 80,000. How much amount of goodwill Ms. Kareema not brought to the firm? None of the choices OMR 15,000 OMR 8000 OMR 12000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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