A b and c are partners sharing profits in the ratio of 6 ratio 4 ratio 5 on 1st April 2009 B's retired from the firm and the new profit sharing ratio between a and c were decided as 11 ratio 4 on retirement the Goodwill of the firm was valid at rupees 180000 showing your calculation pass necessary journal entries for the treatment of goodwill on B's retirement
(With full explanation)
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