29. The capital balances of A and B were 5,00,000 and 3,00,000 respectively. There was a balance of 1,00,000 in general reserve and also revaluation loss of 40,000. C, a new partner brought 90,000 for his share of goodwill and also to bring 20% of the combined capital of other partners after all adjustments. The amount of capital brought in by C will be??
Answers
Answered by
2
Answer:
Value of goodwill in the books after the admission of C= Rs 70000. Because the goodwill has been revalued before the admission of C
Explanation:
plz mark me branlist
Similar questions