A,B and C were partners in …

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A,B and C were partners in the ratio of 5:4:1. On 31/2/2006 their balance sheet showed a reserve fund of 65000and P and L of 45000.On 1/1/2007,the partners decide to change their profit sharing ratio 9:6:5 for this purpose goodwill was valued at 150000.the partners do not want to disturtuet reserves and losses and also do not want to record goodwill
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