A, b and c are partners …

CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
A, b and c are partners in a firm sharing profit and losses in the ratio of 3:2:1. They admit d into partnership with 1/4th share which he acquires from a and b in the ratio of 2:1. On d's admission the goodwill of the firm is valued at 600000. However , d is unable to bring his share of goodwill in cash.
What will be the necessary journal entry?
Posted by Palak Tulsiyan 5 years, 4 months ago
- 0 answers
ANSWER
Related Questions
Posted by Tanishk Kabra 1 year, 5 months ago
- 0 answers
Posted by Mohd Aman Mansoori 1 year, 5 months ago
- 0 answers

myCBSEguide
Trusted by 1 Crore+ Students

Test Generator
Create papers online. It's FREE.

CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
myCBSEguide