..Santha, Gayathri and Nisha are partners sharing profits in the ratio of 4 : 3 : 2. Gayathri retires andthe Goodwill is valued at Rs 36,000 future profit sharing ratio between Santha and Nisha will he5 : 3. They decided that the Goodwill is not to appear in the firms books at all. Record necessaryJournal Entry
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RS.
13,500
Rs.
13,500
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