Tom and Josh are partners in …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Tom and Josh are partners in a firm sharing profits and losses in the ratio of 3 1. They admed Max as a new partner 1/10th share in the profits and losses. Max contributes the following assets to his capital and his share for goodwill: Sma a0,000 Land and Building 3,00,000, Plant and Machinery 2,60,000, Capital 74,00,000. Record the journal entries in the books of the firm on Max's admission. necesey
Posted by Vansh Sharma 1 week, 5 days ago
- 0 answers
ANSWER
Related Questions
Posted by Tanya Chaudhary 2 weeks ago
- 0 answers
Posted by Chhavi Jain 4 hours ago
- 1 answers
Posted by Prachi Yadav 2 days, 20 hours 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