Dakshayini Chaithra Asked a Question
September 12, 2020 1:24 pmpts 30 pts
Value of good will agreed upon Rs. 30000 on C.S admission and allowing him 4 share of total profit Good will is brought in cash, the amount of good-will be as: (a) (b) Rs. 7500 (T) (C) RS. Rs. 300000 150000 (d) RS. 120000 Good will of the firm is valued Rs. 30000. C an incoming partner purchase 4 share of total profit Good will be raised in the books. (a) Rs. 30000 (T) (b) Rs. 7500(c) Rs 120000 d) RS. 7000
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  • Rucha rajesh shingvekar Best Answer
    The incoming partner had purchased the share of profits. the goodwill will remain doesn't change and will be raised by the same amount I.e 30000 option (a) answer for last questi...
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  • Dakshayini Chaithra
    another question
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  • Priya gulani
    c will bring his share of goodwill ie 30000÷4=7500
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