Question

a , b , c are partners sharing profit in the ratio 1:2:3 c retires and her capital after making adjustments for reserves and profit on revaluation stands at rs 2,20,000 a and b agreed to pay het rs 2,50,000 in full settlement of her claim . pass journal entry for the treatment of goodwill, if the new profitsharing ratio is decided at ratio 1:3
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Answer 1

Answer:

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