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LoginA and B are partners with capitals of Rs. 3.000 each. They admit C as a partner with 1/4+ share in the profit of the firm cbrings Rs 4,800 as his shareof Capital. The profit and loss A/c showed a credit balance of Rs. 2,400 as ondate of admission of C. Give the necessary joumal entry to record goodwill
Business Studies Secondary School in Business Studies 1 year ago
Posted on 05 Aug 2024, this text provides information on Business Studies related to Secondary School in Business Studies. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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