Question

p & Q who share profit inthe ratio 3:2 had capital of ₹ 400000& ₹300000 respectively. they agree to admit R into partnership in return of 1/3rd share in future profit. (1) that r should bring in ₹ 400000 as capital. (2) that r is unable to bring in his share of goodwill in cash, goodwill of the firm is valued at ₹ 300000. record journal entry​

Answer 1

Answer:

Given the weight of 34 bags of sugar is 3484.3 kg and all bags weight equally.

Then weight of each bag=

34

3484.3

=

340

34843

=102.48 kg.

Explanation:

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