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Baisnabi Chettri 1 day, 22 hours ago

First we need to written off the Goodwill By X's capital account. Dr 16000 Y's capital account. Dr 12000 To Goodwill a/c. 28000(cr) (Goodwill written off) Cash/Bank a/c. Dr. 121,000 To z's capital a/c. 100000 To premium of g/w alc. 21000 (Cash and premium brought by z to business) Premium of g/w alc Dr. 21000 To X's capital a/c. 12000 To y's capital a/c. 9000
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Sagar Jha 1 week, 3 days ago

Where is ratio of partners?

Priyansh Agarwal 1 week, 6 days ago

Not complete question it is
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Chhavi Singhania 2 weeks, 1 day ago

New ratio = old ratio - sacrifice ratio .

Chhavi Singhania 2 weeks, 1 day ago

A sacrifice 3/25 B sacrifice 2/25 New ratio = old ratio - new ratio A = 3/5-3/25 = 15-3/25 = 12/25 B = 2/5-2/25 = 10-2/25 = 8/25 C = 3/25+2/25 = 5/25 ( new ratio = 12:8:5 )

Aarav Jain 2 weeks, 1 day ago

Since A sacrifice 2/5 of his share and B gain 2/5 of his share
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Ekampreet Singh 3 weeks, 3 days ago

Case 1 will be applied here Let total share=1 C share= 9/21 Etc

Ankit Shaw 2 weeks, 3 days ago

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Arya Salunkhe 3 weeks, 6 days ago

Its open during the time of dissolution of firm.
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Agrim Chouhan 4 weeks, 1 day ago

Workmen compensation reserve a/c debit to x's capital a/c 36000 to y's capital a/c 36000 since no old ratio is given so we will take it 1:1

Vishal Jain 1 month ago

WCR a/c ...Dr. 72000 To x a/c 36000 To y a/c. 36000

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