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A and B are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer? 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 are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer?.

Solutions for A and B are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer? 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 are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A and B are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for A and B are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of A and B are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A and B are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who is supposed to bring Rs. 25,000 against capital and Rs. 10,000 against goodwill. New profit sharing ratio is 1:1:1. C is able to bring only his share of Capital. How this will be treated in the books of the firm.a)A and B will share goodwill bought by C as 4,000:1,000.b)Goodwill will be raised to Rs. 30,000 in old profit sharing ratio.c)Both.d)None.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.