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Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 sharimg ratio of X:Y:Z is 4:3:2 Z retires..what will be the journal entry?
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Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 ...
first of all existing g/w will be written off,x's capital a/c dr. xxxy's capital a/c dr. xxxz's capital a/c dr. xxx to goodwill a/c. xxxamount 3000 will be divided on 4:3:2next the entry will be:~x's capital a/c dr. xxxy's capital a/c dr. xxx to z's capital a/c xxx z' s share of goodwill will be 21000×2/9 and whatever the amount will come will be shared among x and y in 4:3 in this case there is no information regarding new PSR so we assume that partners will acquire/gain z's goodwill share in mutual old PSR only
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Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 sharimg ratio of X:Y:Z is 4:3:2 Z retires..what will be the journal entry?
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Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 sharimg ratio of X:Y:Z is 4:3:2 Z retires..what will be the journal entry? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 sharimg ratio of X:Y:Z is 4:3:2 Z retires..what will be the journal entry? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 sharimg ratio of X:Y:Z is 4:3:2 Z retires..what will be the journal entry?.
Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 sharimg ratio of X:Y:Z is 4:3:2 Z retires..what will be the journal entry? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 sharimg ratio of X:Y:Z is 4:3:2 Z retires..what will be the journal entry? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Goodwill in B/S is given 3000 and in adjustment it is valued at 21000 sharimg ratio of X:Y:Z is 4:3:2 Z retires..what will be the journal entry?.
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