Question

X and y are partner in the firm with capital 180000 and 200000.Z was admitted for 1/3 shate in profit and bring 340000 as capital calculate the amount of goodwill

Answer 1

Answer:

hyhhy yhhyuyf fzhnhRa rghgfdh fhd rh dkjhdhdjdhhdubfg

Answer 2

Answer:

calculation of hidden goodwill:

Explanation:

Total Capital of the firm after z' s admission-

180000+ 200000+ 340000 = 720000

Total Capital of the firm based on z' s capital-

340000×3/1= 1020000

Then ,Hidden Goodwill: 1020000--720000 = 300000