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?
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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
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