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Gain) Par in) When no goodwill appears in the booksLUSTRATION 8. (Comprehensive Illustration) A, B and C who are presently sharings in the ratio of 5: 3:2 decide to share future profits and losses equally with effect from 1stIs she 2016. The goodwill of the firm has been valued at 3,60,000. Show the necessary entries in2:1 of the following alternatives :b) When goodwill appears in the books at 3,60,000When goodwill already in the books is at 60,000When goodwill already appears in the books at 4,20,000 |
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