登录之后可查看解析

C is corrent. The book value of the net assets of the partnership prior to admission of MaryAnn was $100,000 ($50,000 + $30,000 + $20,000). However, since MaryAnn paid $50,000 for a 1/4 interest, it can be assumed that the fair value of the partnership is $200,000 ($50,000 x 4). Thus, the book value of the partnership’s net assets was less than their fair value prior to the admission of MaryAnn.
A is incorrect because if goodwill were recorded, the capital accounts of the old partners would be credited. The unrecorded goodwill would be $50,000, the difference between the book value of $150,000 ($50,000 + $30,000 + $20,000 + $50,000) and the fair value of the assets of $200,000 ($50,000 x 4).
B is incorrect because it indicates that partnership book value was greater than the fair value.
D is incorrect because if the excess of fair value over book value were accounted for as a bonus, MaryAnn would give a bonus to the other partners.