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A and b are partner in …

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A and b are partner in a firm. They admit C as a partner with 1/5 share in the profit of the firm. C brings 150000 as his share of capital. The value of the total assets of the firm is 550000 and outside liabilities are valued at 70000 on that date. Calculate C's share of goodwill.

Posted by Karishma Sain 6 years, 4 months ago

CBSE > Class 12 > Accountancy

1 answers

Somya Jain 6 years, 4 months ago

54000

2Thank You

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CBSE > Class 12 > Accountancy