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?
Osheen Bhattacharya (CA Final) (241 Points)
23 March 2010new 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?
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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