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Business, 23.10.2021 14:00 sayrieee

A and B were partners in firm sharing profit in the ratio of 5:2. They admitted C as a new partner. the profit sharing ratio between A, B and C will be 2:2:1. C brought ₹ 20,000 for his share of goodwill. Pass necessary journal entries for the treatment of goodwill

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A and B were partners in firm sharing profit in the ratio of 5:2. They admitted C as a new partner....
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