Accountancy, asked by sharadbhoyar112233, 10 months ago

19. Pass Journal entries to record the following arrangements in the books of the firm:
(a) B and Care partners sharing profits in the ratio of 3 : 2.D is admitted paying a premium (goodwill)
of 2,000 for 1/4th share of the profits, shares of B and C remain as before.
(b) B and C are partners sharing profits in the ratio of 3 : 2.D is admitted paying a premium of 2,100
for 1/4th share of profits which he acquires 1/6th from B and 1/12th from C.​

Answers

Answered by Babankunarsingh
2

Answer:

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