Accountancy, asked by nitishranjan1273, 8 months ago

X,Y and Z are partners sharing profits in the ratio of 2:2:1. They decided to share future profits in the ratio of 3:3:2. Goodwill of the firm was valued at₹40000. Goodwill already appeared in the books₹20000. Pass necessary journal entries.

Answers

Answered by Aarushthareja

13

Explanation:

X sacrifice=1000

Y sacrifice=1000

Z gain=2000

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