Question

ithdrawn by B *19,000.
Q.84. A, B and Care partners in a firm sharing profits in the ratio of
apitals of 70,000: 560,000 and 40,000 respectively. D is admitted in
th share in profits, which he acquires 1/8 th from A and 1/8 th from B
50,000 as his capital and 32,000 for his share of goodwill in cash.
nount of goodwill was withdrawn by A and B. The Capitals of the partne
mare to be adjusted in profit sharing ratio on the basis of D's capital
icit capital to be adjusted in cash.
Prepare necessary journal entries, Capital Accounts of the partne
un​

Answer 1

Answer:

noun

the chemical element of atomic number 7, a colourless, odourless unreactive gas that forms about 78 per cent of the earth's atmosphere. Liquid nitrogen (made by distilling liquid air) boils at 77.4 kelvins (−195.8°C) and is used as a coolant.

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