Accountancy, asked by goelt393, 8 months ago

Gagan and Magan are partners sharing profits in 3 ratio 2 they admit Jagan into partnership Jagan paying only rupees 50000 out of a share of goodwill of 120000 for one third share of profit Goodwill appears in the books at 250000. Give the necessary journal entries.​

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Answered by kkbansal
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