Final answer:
It is true that when a new partner invests more than the proportionate share they receive in a partnership, a bonus is recorded to their account. This acknowledges the additional value the new partner brings to the partnership, enhancing the overall capital.
Step-by-step explanation:
When a new partner invests more than the proportionate share he or she is entitled to in the partnership, a bonus is indeed recorded. This typically occurs when the new partner brings in additional capital or assets that are valued higher than the percentage of ownership they are receiving. The existing partners may agree to give a bonus to acknowledge the extra value the new partner has brought into the business, which can enhance the partnership's capital. Therefore, the statement in question can be considered true. The accounting for such a transaction would typically involve crediting the new partner's capital account with the amount of their investment, and any excess amount—representing the bonus—would also be credited to their capital account, with the balance being debited to the existing partners' capital accounts according to their respective profit-sharing ratios.