The capital of A and B sharing profits and losses equally are
90,000 and 30,000 respectively. They value the goodwill of the
firm at 80,000 which was not recorded in the books. If
goodwill is to be raised now, by what amount each partner's 2
capital account will be debited?
(a) 20,000 and 60,000
(b) 40,000 and 40,000
(c) 60,000 and 20,000
(d) None of these.
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Answer:
(B) 40,000 and 40,000
beacause the ratio is not given so it is distrubted in equal ratio1:1
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