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Question 48 Not yet answered Marked out of 1.00 Flag question Revaluation profit, at the time of admission of partner, is transferred to: d. None of the listed choices b. All partners excluding incoming partner'... a. All partners including incoming part... c. Only to the incoming partner's capital ac.. Question 49 Not yet answered Marked out of 1.00 Flag question You are given the following information: Average profit OMR 30000 Normal profit OMR 18000 Goodwill is valued at 3 years purchase of super profit. The good will is > > b. OMR 12000 a. OMR 36000 c. OMR 48000 d. OMR 96000 Question 50 Not yet answered Marked out of 1.00 Flag question While transferring interest on capital to profit and loss appropriation account, which of the following account is debited? a. Capital account b. Profit and loss appropriation account c. Interest on capital account d. Profit and loss account