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A,B are equal partners . They wanted to take c as a new partner with 1/4th share in the business on that condition the he could bring 4000 as his capital and 2000 as premium for goodwill. A & B themselves , are to share profit and losses in the same ratio as before. Pass necessary journal entry 1) If the partners decides to maintain goodwill at its full valu , 2) they decide goodwill to be maintained as it original valu (goodwill appearing in B/s 4000) ?
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A,B are equal partners . They wanted to take c as a new partner with 1...
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A,B are equal partners . They wanted to take c as a new partner with 1...
And B would have to contribute an equal amount of capital and premium.

Let's calculate the total capital and premium that A and B would contribute:

A's capital: 1/4 * (4000 + 2000) = 1500
A's premium: 1/4 * (4000 + 2000) = 1500

B's capital: 1/4 * (4000 + 2000) = 1500
B's premium: 1/4 * (4000 + 2000) = 1500

So, A and B would each have to contribute 1500 as capital and 1500 as premium.

Therefore, the new capital and premium for the partnership would be:

A's new capital: 1500 + 1500 = 3000
A's new premium: 1500 + 1500 = 3000

B's new capital: 1500 + 1500 = 3000
B's new premium: 1500 + 1500 = 3000

C's capital: 4000
C's premium: 2000

The total capital and premium in the partnership would be:

Total capital: 3000 + 3000 + 4000 = 10000
Total premium: 3000 + 3000 + 2000 = 8000

Therefore, the total value of the partnership after C's entry would be 10,000 in capital and 8,000 in premium.
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A,B are equal partners . They wanted to take c as a new partner with 1/4th share in the business on that condition the he could bring 4000 as his capital and 2000 as premium for goodwill. A & B themselves , are to share profit and losses in the same ratio as before. Pass necessary journal entry 1) If the partners decides to maintain goodwill at its full valu , 2) they decide goodwill to be maintained as it original valu (goodwill appearing in B/s 4000) ?
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A,B are equal partners . They wanted to take c as a new partner with 1/4th share in the business on that condition the he could bring 4000 as his capital and 2000 as premium for goodwill. A & B themselves , are to share profit and losses in the same ratio as before. Pass necessary journal entry 1) If the partners decides to maintain goodwill at its full valu , 2) they decide goodwill to be maintained as it original valu (goodwill appearing in B/s 4000) ? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about A,B are equal partners . They wanted to take c as a new partner with 1/4th share in the business on that condition the he could bring 4000 as his capital and 2000 as premium for goodwill. A & B themselves , are to share profit and losses in the same ratio as before. Pass necessary journal entry 1) If the partners decides to maintain goodwill at its full valu , 2) they decide goodwill to be maintained as it original valu (goodwill appearing in B/s 4000) ? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A,B are equal partners . They wanted to take c as a new partner with 1/4th share in the business on that condition the he could bring 4000 as his capital and 2000 as premium for goodwill. A & B themselves , are to share profit and losses in the same ratio as before. Pass necessary journal entry 1) If the partners decides to maintain goodwill at its full valu , 2) they decide goodwill to be maintained as it original valu (goodwill appearing in B/s 4000) ?.
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