Goodwill brought in by new partner in cash is called

The correct answer is A. capital.

Goodwill brought in by a new partner in cash is called capital. Capital is the total amount of money that a partner invests in a business. It can be contributed in cash, property, or services. When a new partner joins a business, they typically contribute capital in exchange for a share of ownership in the business.

The other options are incorrect.

• Option B, loan, is incorrect because a loan is a debt that must be repaid. Goodwill is not a debt.
• Option C, drawings, is incorrect because drawings are withdrawals of money from a business by a partner. Goodwill is not a withdrawal of money.
• Option D, premium, is incorrect because a premium is an amount of money that is paid over the face value of a security. Goodwill is not a security.

I hope this helps!