Question

and B are equal partners with fixed capitals of * 90,000 and 60,000 respectively. The
admit Casa partner with 1/ Ith share in the profit of the firm. C brings * 16,000 to acqui
his night to share profits of the business and * 80,000 to acquire right to share firm's asset
Give jounal Entries at the time of C's admission.​

Answer 1

Answer:

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