partnership

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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?

Replies (2)

YES THIS IS THE AMT FOR GOODWILL

& WRITTEN OFF IN SACRIFICING RATIO

PLZ CONSULT WITH OTHERS ALSO

Yes, it's amt 4 G/w

and distributed amoung old partners in sacrificing ratio


CCI Pro

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