Question

X & Y are partners sharing profits in the ratio of
5:3. They admitted For 1/5th share of profits, for
which he paid 72,000 against capital and 36,000 against goodwill. Find the capital balances for each partner taking Z's capital is base capital.

Answer 1

Answer:

X & Y are partners sharing profits in the ratio of - 13444091. ... 5:3. They admitted For 1/5th share of profits, for which he paid 72,000 against capital and 36,000 against goodwill. Find the capital balances for each partner taking Z's capital is base capital. Ask for details; Follow; Report. by Aaryan0211 2 weeks ago.