No products in the cart.

Asha Nishan dishaed profit and loss …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Asha Nishan dishaed profit and loss in the ratio of 3:2 is 21 with affect from 1st April 2024 the agreed to share profit equally the Goodwill of the form was valued 18000 fastest record about change
  • 1 answers

Saksham Baranwal 4 months, 1 week ago

~Sacrificing ratio : (old - new) Asha= 3/5 - 2/3= 1/15(sacrifice) Nishan = 2/5 - 1/3=1/15(gain) Sacrifice ratio: 1:1 ~Distribution of goodwill: Asha=18000×1/2 =9000 Nishan=18000×1/2=9000 ~Journal entry of goodwill: Asha's capital A/c Dr. 9000 Nishan's capital A/c dr.9000 To goodwill A/c 18000
http://mycbseguide.com/examin8/

Related Questions

U and V Were Partners in a firm
  • 0 answers
Accounting for partnership Firms Fundamentals notes
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App