30. A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admitted C as a new
partner for 3/7th share in the profit and the new profit-sharing ratio will be 2:2:3.C brought *2,00,000
as his capital and * 1,50,000 as premium for goodwill. Half of their share of premium was withdrawn
by A and B from the firm. Calculate sacrificing ratio and pass necessary Journal entries for the above
transactions in the books of the firm
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Explanation:
The profit between the partners A ands B Are as:
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