Accountancy, asked by adimi9237, 8 months ago

X and y are partners in a firm sharing profits and losses in the ratio of 3:1 .they admit z as partner for 1/5th share of future profits of the firm. Z introduces 40,000 ,out of which 20,000is towards goodwill of the firm. You are asked to journalist the above translations in the books of the firm.

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Answered by subesingh1962
0

Answer:

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