Question

52. A, B, C, D and E were partners sharing profits and losses in the ratio of 5: 4:3 :).
respectively. Partners D and E died in an accident. Goodwill of firm was valued at *
1.50,000
New Profit Sharing Ratio of A, B & C in 4: 6:5.
Give journal entry to record the above.

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Answer 1

Answer:

Find an answer to your question 52. A, B, C, D and E were partners sharing profits and losses in the ratio of 5: 4:3 :).respectively