Question

AB & care partners shairing
profits in the ratio of 1:2:3.
c retires &his capital after
making adjustments for
reserves &profits on revalution
stands at 220000 A&B agreed
to pay him 250000 in full
settlement of his claim record
nessasry journal entry for the
treatment of goodwill if the
new profit sharing ratio is
decided at 1:3​

Answer 1

Answer:

2

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