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27. A, B, C are partners sharing profits in the ratio of 1: 2: 3. C retires and his capital after
making adjustments for reserves and profits on revaluation stands at * 2,20,000. A and
B agreed to pay him Rs. 2,50,000 in full settlement of his claim. Record necessary
entry for the treatment of goodwill if the new partners decide to share future profits in
the ratio of 1:3.
Gumharing profits in the ratio of 3. Their
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What is requirement of question.. question is not systematically posted..
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