Business, 09.06.2021 14:10 aaronnnn6998
ILLUSTRATION 2 (Goodwill Exists) P, Q and R are partners, sharing profits
equally. They decide that in future R will get 1/5th share in the profits and P & Q will share
equally. On the day of change, firm's goodwill is valued at 3,00,000. Give necessary' journal
entry.
Answers: 1
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ILLUSTRATION 2 (Goodwill Exists) P, Q and R are partners, sharing profits
equally. They decide that...
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