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Vinod and Raj are partner in …

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Vinod and Raj are partner in a firm sharing profits in the ratio of 3:2. They admit Mohan into the partnership for 1/5th share. Mohan brings Rs.60,000 as capital and Rs.20,000 as premium for goodwill. New profit sharing ratio of partners will be 5:3:2. Pass necessary journal entries.

Posted by Sneha Arora 5 years, 6 months ago

CBSE > Class 12 > Accountancy

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Lakshay Bhalla 1 year, 11 months ago

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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