Accountancy, asked by krish261245, 2 months ago

A and B are partners sharing profit and losses in the ratio of 3:2. C is admitted into partnership for 1/5 share in profit. He pays ₹100000as

Answers

Answered by kashishkharbanda721

0

Answer:

premium for goodwill

as one admits in the partnership he has to pay such amount to old partners for sacrificing their share

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