Accountancy, asked by bishtrohit83801, 23 days ago

Kamal and Rahul are partner’s in a firm sharing profits and losses in the ratio of 7:3. They admit Kaushal as a partner for 1/5th share. Kaushal acquires his share from Kamal and Rahul in the ratio of 3:2. The goodwill of the firm has been valued at Rs. 25000. Kaushal paid Rs. 10000 privately to X and Y as his share of goodwill. What should be the journal entry

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Answered by cacourse

0

Answer:

# no entry will be passed.

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