3
30. Dhoni, Raina & Jadeja are
partners in a firm. They share
profit & loss in 3:2:1. On this
day goodwill account appears
in book @ rs.18,000, which is
now valued at rs.60,000.
However on 01.04.2020 they
decided to share future profit
in 2:2:1. You are require to pass
necessary journal entries as
per AS -26.(Assume goodwill
account will not be raised)
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