CBSE BOARD XII, asked by rajdeep10051992, 1 day ago

A, B and C are partners sharing profits in the ratio of 3 : 2:1. From 1-st April, 2021, they decided to change the profit sharing ratio to 4 : 4:1. On this date goodwill is valued at 2,70,000. There was also a general reserve of rs90,000 appearing in their books and the partners want to leave the general reserve undistributed.

Answers

Answered by ShubhamUltraProMax

0

Explanation:

Now just evaluate 1/18 of goodwill and write the journal entry

Attachments:

Answered by harkawatjinalrishab

0

Explanation:

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