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

The accounting entry to record the premium on goodwill is to debit?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Cash and credit old partners' capital
  • B Goddwill and credit revaluation
  • C Assets and credit capital
  • D Capital and credit assets
Correct Answer: Option B
Explanation:

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