Question

(3)
A and B are partners in a firm in the ratio of 2 : 1. They admit C for 1/4th share
and sacrifice for him in their old ratio. C wants to bring the share of the premium
in the form of goodwill. The goodwill of the firm, on C's admission, is valued at
12,000 of goods. Pass necessary journal entries in the books of the new firm
​

Answer 1

Explanation:

goodwill calculate

A -12000×2/4 =6000

b -12000×1/4=3000

c -12000×1/4 3000

Answer 2

Answer:

this is the answer of your questions