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When goodwill is not retained in the business, the entries in the new partners b...

When goodwill is not retained in the business, the entries in the new partners books will be to debit______________

A) Goodwill account and credit partners capital account

B) Cash account and credit goodwill account

C) Goodwill account and credit cash account

D) Partners capital account and credit goodwill account

The correct answer is D.

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