Atul and neera were partners in a firm sharing profits in the ratio of 3: 2. They admitted mitali as a new partner. Goodwill of the firm was valued at 2,00,000. Mitali brings her share of goodwill premium of 20,000 in cash, which is entirely credited to atul's capital account. Calculate the new profit sharing ratio.
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neera were partners in a firm sharing profits in the ratio of 3: 2. They admitted mitali as a new partner. Goodwill of the firm was valued at 2,00,000. Mitali brings her share of goodwill premium of 20,000 in cash, which is entirely credited to atul's capital account. Calculate the new profit sharing
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3) A:B 3:2 admitted C. He brought Rs.10,000 as his share of Goodwill. ... b) Z to bring his share of capital and GW in cash. ... to their new profit sharing ratio, which is 3:2 respectively
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