Tus e Jurnal entries IUI BUUUW.
36. (Hidden Goodwill) A and B are partners with capitals of 8,000 and 6,000 respectively
They admit C as a partner with 1/4th share in the profits of the firm. Cbrings 8,000 as his
share of capital. Give journal entries to record goodwill.
Ans. A and B are to be credited with 1,250 each for C's share in goodwill and Cs Current
A/c Dr/ with 2,500).
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Answer: sorry I am in 10
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