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When a new partner is admitted into a partnership and the old partners' goodwill is recognized,the goodwill is allocated to:
I.all the partners in their profit-and-loss-sharing ratio.
II.the old partners in their profit and loss sharing ratio.
Whooping Cough
An infectious bacterial disease that causes uncontrollable, violent coughing which can make it hard to breathe; also known as pertussis.
Pertussis
A highly contagious respiratory infection also known as whooping cough, caused by the bacterium Bordetella pertussis.
Viral Conjunctivitis
An eye infection caused by a virus resulting in redness, itching, and watering of the eyes.
Incubation Period
The time interval between the entry of an infectious agent into the body and the appearance of the first symptoms of the disease.
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