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A and B are partners sharing …

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A and B are partners sharing profits and losses in the ratio of 3 : 2. C is admitted into partnership for \frac{1}{5}th share in profit. He pays ₹1,00,000 as goodwill. The ratio of the partners A, B and C in the new firm would be 3 : 1 : 1. Goodwill will be credited to: (A) Only A ₹1,00,000 (B) Only B ₹1,00,000 (C) A ₹60,000; B ₹40,000 (D) A ₹75,000; B ₹25,000

Posted by Ashi Goel 5 years, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

Aaiman Farhin 5 years, 5 months ago

(B) only B ₹1, 00,000

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