The profit sharing ratio between A & B is
3:2. C enters into partnership for 1/5 share in
profit or loss and their becomes 3:1:1 and C
brings in * 50,000 for goodwill. A & B will
share the goodwill amount :
(A) A = 38000, B = 12000
(B) A = 30000, B= 20000
(C) A = 50000, B = Nil
(D) A = Nil, B = 50000
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Answer:
D) A = NIL, B = 50000
Explanation:
Explanation in above attachment
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