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A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.?.

Solutions for A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.? defined & explained in the simplest way possible. Besides giving the explanation of A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.?, a detailed solution for A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.? has been provided alongside types of A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.? theory, EduRev gives you an ample number of questions to practice A and B shares profits and losses equally. They admit C as an equal partner and assets were revalued as follow: Goodwill at ` 30,000 (book value NIL). Inventory at ` 20,000 (book value ` 12,000); Machinery at ` 60,000 (book value ` 55,000). C is to bring in ` 20,000 as his capital and the necessary cash towards his share of Goodwill. Goodwill Account will not be shown in the books. Find the profit/loss on revaluation to be shared among A, B and C.? tests, examples and also practice CA Foundation tests.