A and B shearing profit 1 there capital of31 mar, 2017 were 1, 20,000

1.	A and B shearing profit 1 there capital of31 mar, 2017 were 1, 20,000 and 1,00,000 respectivelyThe profit for the year ended were 80,000 which havealready been distributed them. there drowingduring the year 10,000 &20,000respectively by A&BThe profil were distubeled equally- A was not ginen a salary 6000 P. a- B was not given a commission 2000- there were not allowed Int on there of expuld0 /@ 651 P a which is allowed her agreemNo, Int was charge from them on the drawing which ishass. also provide 27 P. a.
Answer» ANSWER: VALUE of goodwill in the books after the admission of C= Rs 70000. Because the goodwill has been revalued before the admission of C.

A and B shearing profit 1 there capital of31 mar, 2017 were 1, 20,000 and 1,00,000 respectivelyThe profit for the year ended were 80,000 which havealready been distributed them. there drowingduring the year 10,000 &20,000respectively by A&BThe profil were distubeled equally- A was not ginen a salary 6000 P. a- B was not given a commission 2000- there were not allowed Int on there of expuld0 /@ 651 P a which is allowed her agreemNo, Int was charge from them on the drawing which ishass. also provide 27 P. a.

Answer»

VALUE of goodwill in the books after the admission of C= Rs 70000. Because the goodwill has been revalued before the admission of C.