a b and c profit in …
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a b and c profit in the ratio of 6:4:5 there captials were A-10000 B-80000 & C -60000 on 1 april 2018 b retired from rhe firm and the new profit sharing ratio b/w A and C was decided as 11:4 on b retirement the goodwill of the firm was valued at 180000 showing your calculations clearly passed necessary gerenal entry for the treatment of goodwill on b 's retirement
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