33. A and B are partners sharing profits in the ratio of 3: 2. They admit C as a new partner Cars
Goodwill account appears in the books ar ? 2,000. Give the necessary journal entries.
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Bank account dr 3000
To premium for Goodwill account 3000
Premium for Goodwill a/c dr 3000
To A'capital account 2000
To B's capital accounts 1000
A'capital account dr 1200
B'capital account dr 800
To Goodwill account 2000
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