Accountancy, asked by jalamkaromkar, 4 months ago

amalendu and sameer share profit and losses in the ratio

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Answered by ridahussain86

1

Answer:

Amalendu and Sameer share profits and losses in the ratio 3:2 respectively Their balance sheet as on 31st March 2017 was as under. On 1st April 2017, they admit Paresh into partnership. ... 1 He shall pay ₹16,000 as his share of Goodwill 50% amount of Goodwill shall be withdrawn by the old partners.

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