In the entry for writing off old goodwill before admission, which accounts are debited?

Correct answer: Old Partners' Capital Accounts

The correct answer is option A: Old Partners’ Capital Accounts. Before admission, old goodwill is written off because the existing goodwill belongs to the old partners. The entry is: Old Partners’ Capital Accounts Dr, To Goodwill Account. The debit reduces the old partners’ capital balances, usually in their old profit-sharing ratio; the credit removes goodwill from the books. Option A is correct because the old partners bear the write-off. Option B, Bank Account, is wrong because no cash is paid when an existing goodwill asset is written off. Option C, Premium for Goodwill Account, is used when the incoming partner brings goodwill premium, not for removing old goodwill. Option D, New Partner’s Account, is wrong because the new partner was not a partner when the old goodwill arose. Memory cue: old goodwill written off means debit old partners, credit goodwill.