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A and B are partners in a firm having a ...

A and B are partners in a firm having a capital of ₹ 54,000 and ₹ 36,000 respectively. They admitted C for 1/3rd share in the profits C brought proportionate amount of capital. The Capital brought in by C would be

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Anil and Sunil are partners in a firm with fixed capitals of RS.3,20,000 and RS.2,40,000 respectively. They admitted Charu as a new partner for 1/4th share in the profits on the firm on 1st April, 2012. Charu brought RS.3,20,000 as her share of capital. Calculate value of goodwill and record necressary Journal entries.

A and B are partners in a firm with capital of RS.60,000 and RS.1,20,000 respectively. They decide to admit C into the partnership for 1/4th share in the future profits. C is to bring in a sum of RS.70,000 as his capital. Calculate amount of goodwill.

Vinay and Naman are partenrs sharing profits in the ratio 4 : 1. Their capital were RS.90,000 and RS.70,000 respectively. They admitted Prateek for 1/3 share in the profits. Prateek brought RS.1,00,000 as his capital. Calculate the value of firm's goodwll.

X and Y are partners in a firm with capital of Rs.1,80,000 and Rs.2,00,000. Z was admitted for 1/3rd share in profits and brings Rs.3,40,000 as capital, calculate the amount of goodwill :

A and B were partners in a firm sharing profits in 3:1 ratio. They admitted C as a partner for 1/4 th share in future profits. C was to bringRs 60,000 for his capital. The Balance Sheet of A and B as at 1st April, 2019, the date on which C was admitted, was: The other terms agreed upon were: (a) Goodwill of the firm was valued atRs 24,000. (b) Land and Building were valued atRs 65,000 and Plant and Machinery atRs 60,000. (c) Provision for Doubtful Debts was found in excess byRs 400. (d) A liability ofRs 1,200 included in Sundry Creditors was not likely to arise. (e) The capitals of the partners be adjusted on the basis of C's contribution of capital to the firm. (f) Excess or shortfall, if any, be transferred to Current Accounts. Prepare Revaluation Accounts Partners' Capital Accounts and Balance Sheet of the new firm.

(Premium for Goodwill withdrawn Partially). A and B were partners in a firm sharing profits in the ratio of 4 : 3. They admitted C as a new partner for 3/7th share in the profits of the firm. New profit-sharing ratio will be 2 : 2 : 3. C brought RS 2,00,000 as his capital and RS 60,000 for his share of premium for goodwill, half of which was withdrawn by A and B from the firm. Calculate sacrficing ratio and pass necessary Journal entries in the books of the firm for the above transactions.

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