new p s ratio is 5:3:2
new partner C brings in 20000 as premium for goodwill..
is it not the amt taken for goodwill..or some calculation required on this?
2 Replies
Payal Gupta
(article assistant)
(176 Points)
Replied 01 April 2010
YES THIS IS THE AMT FOR GOODWILL
& WRITTEN OFF IN SACRIFICING RATIO
PLZ CONSULT WITH OTHERS ALSO
SACHIN KUMAR GARG
(Final Student)
(105 Points)
Replied 05 April 2010
Yes, it's amt 4 G/w
and distributed amoung old partners in sacrificing ratio
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