Question

partnership for 1/3 share in future profits. The goodwill of the fi
ind Jerald brought cash for his share of goodwill. The existing par
amount of their share of goodwill. Pass necessary journal entrie
on the assumption that the fluctuating capital method is followed
aswer: Share of goodwill: Deepak: 5,000; Senthil: 25,000; Sa
d Shobana are partners sharing profits and losses in the ratio of
o partnership for 1/3 share of profit. Jayasri pays cash 6,000 10
II. The new ratio is 3:2:1. Pass necessary journal entry for adjus
ption that the fixed capital method is followed.
(Answer: Share of goodwill: Malathi's current
Shobana's current​

Answer 1

Answer:

368₹

Explanation:

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