[CBSE] Q 43 DK Goel Admission of a Partner Solutions Class 12 (2024-25)
The solution of Question number 43 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2024-25)
Q. 43. X and Y are partners sharing profits in the ratio of 3 : 1. Z is admitted as a partner for which he pays ₹ 30,000 for goodwill in cash. X, Y and Z decided to share future profits in equal proportion. You are required to pass necessary journal entries to give effect to the above.
Solution:-
