Accountancy, asked by ps4330198, 10 months ago

X and Y are partner in a firm sharing profit and losses in the ratio 3:1 . They admit Z as partner for 1/5th share of future profit of the firm . Z introduces ₹ 40000, out of which ₹ 20000 is toward goodwill of the firm . You are asked to journalise the above transaction in the books of the firm

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Answered by sompc1973th

5

Answer:

sorry friend I don't know

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