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X and Y are partners sharing …

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X and Y are partners sharing profits in the ratio of 4:3. Z is admitted for 1/5th share and he brings in ₹1,40,000 as his share of goodwill in cash of which ₹1,20,000 is credited to X remaining amount to Y. New profit sharing ratio will be A) 4: 3: 5 B) 2: 2: 1 C) 1: 2: 2 D) 2: 1: 2
  • 2 answers

Yogesh Jaat 5 years, 10 months ago

A)

Deepak Pandey 5 years, 10 months ago

B
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