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dwill
38. A and B distribute profit & loss in the ratio of 2: 1. They admitted C as
partner on April 1, 2022, on the
condition that he will bring *60,000 as capital.
Goodwill was valued at 54,000. C
brings his share of goodwill in cash and
share 1/6th in future
profit. It was also decided that the old partners will withdraw
the amount of goodwill. Pass journal entr​



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