(b) Stock to be reduced by 10% and Provision for Bad Debts be reduced by 240
as follows
Assets
Cash
Debtors
Less : Provision for Bad Debts
Stock
Patents
Building
Neelam to bring in * 30,000 as her Capital and to bring in her share of God
27,000
Creditors
General Reserve
18,000
Bills Payable
4,000
Output CGST
500
Output SGST
500
Capitals
Usha
40,000
Asha
35,000
1,25,000
Neelam is admitted into the partnership giving her
subject to the following terms:
(a) Goodwill of the firm to be valued at 50000
स्टॉप टू बी रिड्यूस्ड बाय 10% प्रोविजन फॉर बेड अट रिड्यूस्ड बाय 2400पेटेंट और वैल्यूलेस
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