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A and B are partners sharing profits and losses in the ratio of 2:5 . They admit C on the condition that he will bring ₹ 14,000 as his share of goodwill to be distributed between A and B . C's share in the future profits or losses will be 1/4 th . What will be the new profit- sharing ratio and what amount of goodwill brought in by C will be received by A and B ? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A and B are partners sharing profits and losses in the ratio of 2:5 . They admit C on the condition that he will bring ₹ 14,000 as his share of goodwill to be distributed between A and B . C's share in the future profits or losses will be 1/4 th . What will be the new profit- sharing ratio and what amount of goodwill brought in by C will be received by A and B ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing profits and losses in the ratio of 2:5 . They admit C on the condition that he will bring ₹ 14,000 as his share of goodwill to be distributed between A and B . C's share in the future profits or losses will be 1/4 th . What will be the new profit- sharing ratio and what amount of goodwill brought in by C will be received by A and B ?.

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