Accountancy, asked by Anmol1224, 7 hours ago

brainly in which of the following book will the return to sm chand center on 25 feb record​

Answers

Answered by 9967938201
0

Answer:

Give Journal entries to record the following arrangements in the books of the firm:

(a) B and C are partners sharing profits in the ratio of 3:2. D is admitted paying a premium (goodwill) of Rs.2,000 for 1/4

th

share of the profits, shares of B and C remain as before.

(b) B and C are partners sharing profits in the ratio of 3:2. D is admitted paying a premium of Rs.2,100 for 1/4

th

share of profits which he acquires 1/6

th

from B and 1/12

th

from C.

Explanation:

Hopefully it's help you.

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