Question

2. Gautam and Surendra were partners in a firm. Their profit sharing ratio is į and
1. On 1st Jan., 2017, the capital of both the partners were 20,000 and 15,000
respectively.
On this date they admitted Narendra as a partner with share on following
conditions :
(a) Narendra brought his share of goodwill in cash and the value of goodwill was
į times of 3 years average profit. Three years profit was 3,000; * 4,000
and * 5,000 respectively.
(b) Narendra brought * 5,000 as his capital.
Journalise, the above transactions and open capital account when :
(1) Old partners withdrew the amount of goodwill.
(2) The amount of goodwill was kept in the books of firm.
2​

Answer 1

Answer:

ieidoekekeoeoeoeooeoeodoeoemenejieneneejjreiieirieiei

MAKE ME BRAINLY