Dhoni, Raina & Jadeja are partners in a firm. They share profit & loss in 3:2:1. On this day goodwill account appears in book @ rs.18,000, which is now valued at rs.60,000. However on 01.04.2020 they decided to share future profit in 2:2:1. You are require to pass necessary journal entries as per AS -26.(Assume goodwill account will not be raised)
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