Question

When the new partner does not bring his share of goodwill in cash
la112. A, B and C are three partners sharing profits in the ratio of 5: 3:2. Di
admitted on his introducing *2,00,000 as capital. His share will be 1/5th. Goodwill o
the firm is to be valued at the average of last three year's profits which have beer
30,000; 36,000 and 54,000 respectively. Give Journal entries if the goodwill
account already appears at 525,000 in the books.
[Ans. Goodwill of *25,000 written off by old partners in old ratio. D's Current A/c
debited by 8,000 and the Capital Accounts of A, B and C credited in 5:3 : 2.]​

Answer 1

Answer:

Iron Man is Stark's creation. It's a special suit(armor) that gives Tony superhuman strength, the ability to fly, durability and powerful weapons.kkkjjjjjjj