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A B and Care partners sharing profits in the ratio of 5:3:2. Goodwill appeared in the books 250,000, D is admitted to the partnership, the new profit-sharing ratio among, A, B, C andbeing 3:3:2:2Give the Journal entries for goodwill if the new partner, D brings in 1,00,000 for capital ancash for his share of goodwill. The goodwill of the firm is valued at 1,20,000 and is notappear in the books of accounts after D's admission.Ans. Total of Journal 1,98,000)​

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