Adil and bhavya are partners sharing …
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Adil and bhavya are partners sharing profits and losses in the ratio of 7:5 they admit Chris their manager into partnership who is to get 1/6th share in the business Chris brings rupees 100000 for his capital and rupees 36000 for the one by 6th share of goodwill which he acquires one by 24th from Adele and one by 8 from Bhagya profit for the first year of the new partnership was rupees 40000 fast necessary journal entries for Chris admission and apportion the profit between the partners
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