Q. 94 DK Goel Retirement of Partner Solutions Class 12 CBSE (2024-25)
Here are the solutions of Question number 94 Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2024-25)
Q. 94 (a). A, B and C are partners in a firm sharing profits in the ratio of 5 : 3 : 2. A retires and his share is taken up by B and C equally. Find the new profit sharing ratio and the gaining ratio.
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Q. 94(b). The goodwill of the firm is valued at ₹ 2,00,000. No goodwill account appears in the books. Pass necessary journal entry for recording the goodwill in the above mentioned case.
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