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Xy and X Y and Z are equal partners are equal partners with capital 150000 175000 and 200000 respectively they agreed to admit w into equal partnership account payment in cash of 150000 414 share of the goodwill and 180000 as his capital both sums to remain in the business the liability of the old some amount Re like and the US apart from cash consists of Motors 120000 furniture 40000 to 265000 letters 378000 V motors and the furniture Pari valued at 95030 8005 timli draught journal entries SST to give effect to all above arrangement and show the initial balance sheet of the firm

Posted by Srishti Jindal 5 years, 11 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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