1.

X and Y are partners in a firm sharing profit & Losses in the ratio of 1:2 with a capital of Rs.4,00,000 and Rs. 6,00,000 respectively. Z is admitted as a new partners for ¼th share in firm, who brings Rs. 5,09,000 as capital. Profit & Loss a/c shows a credit balance of Rs. 36,000 as on date of admission of Z. Calculate Z’s share in Goodwill

Answer»

Z' s SHAT in GOODWILL is 7900



Discussion

No Comment Found

Related InterviewSolutions