Question

Goodwill doesn't exists) X, Y and Z are partners sharing profits in 5: 3:2 ratio. From
1st January 2016 they decide to share profits and losses in 2:5: 3 ratio. The goodwill is
valued at < 54,000 at the time of change. Give the necessary single adjusting entry to record
JAns. Debit Y by < 10,800 and Z by 5,400 and Credit X by 16,200)
​

Answer 1

Answer:

jaidhsishdbskkkajbjskjzhbssd