if g/w not bought in cash by new partner
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when the goodwill is not brought in cash by new partner so the journal entry will be passed in our books of accounts is
partners current a/c ...dr
to old partner capital a/c
this entry will be passed if the capital account is fixed otherwise. entry will be passed from capital account
partners current a/c ...dr
to old partner capital a/c
this entry will be passed if the capital account is fixed otherwise. entry will be passed from capital account
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