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A and B are partners with …

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A and B are partners with capitals of ₹160000 and ₹120000 respectively. They admit C as a new partner for 1/4th share and brings ₹160000 as capital. Find the amount of Goodwill?

    • Posted by Geetha Unnithan 6 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Tushar Mittal 6 years, 6 months ago

    1,60,000×4 = 6,40,000 And 1,60,000+1,20,000+1,60,000 = 4,40,000 Now, 6,40,000 - 4,40,000 = 2,00,000 Hence, 2,00,000 is the value of goodwill

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