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Atul and Neera were partners in …

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Atul and Neera were partners in a firm sharing profits in the ratio of 3 : 2. They admitted Mitali as a new partner. Goodwill of the firm was valued at ` 2,00,000. Mitali brings her share of goodwill premium of ` 20,000 in cash, which is entirely credited to Atul’s Capital Account. Calculate the new profit sharing ratio.

Posted by Jeet Dubey 5 years, 9 months ago

CBSE > Class 12 > Accountancy

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