Question

A and B are in partnership with capitals of ₹10,000 and ₹ 6,000 and sharing profits in the ration of 2/3 & 1/3. On 01.01.2016 they agreed to admit C into partnership with 1/6th share on condition that he brings in ₹ 5,500 (₹ 4,000 to represent his capital and ₹ 1,500 to represent his share of goodwill). The whole of ₹ 5,500 is to remain in the business. Journalise calculate New Ratio. pls guys ans it fast...

Answer 1

Answer:

IF YOU ARE ON INSTAGRAM PLEASE FOLLOW

@_commerceguru_ (beneficial)