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A & B are partners,sharing profit …

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A & B are partners,sharing profit & loss in the proportion of 7:5.they agreed to admit C who get1/6 share in the business. C bring 200000 capital & 96000 for 1/6 of goodwill which she acquire 1/24 from A & B 1/8 .the profit for the first year of the new partnership amount to 480000

Posted by Roop Randhawa 5 years, 8 months ago

Uttarakhand Board > Class 12 > लेखाशास्त्र

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