A and b are partners in a firm with capital of 180000 and 200000. Z was admitted for 1/3rd share in profits and brings 340000 as capital, calculate the amount of Goodwill.
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Answer:
A- 1,70,000
B- 1,70,000
Explanation:
Since A, B ratio is not given let us take is the profit is equally given
A : 1÷2
B : 1÷2
A : 3,40,000*1÷2=1,70,000
B : 3,40,000*1÷2=1,70,000
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