12th Class Accountancy Sample Paper Accountancy - Sample Paper-10

  • question_answer
    Arjun is admitted to a firm for \[\frac{1}{6}th\] share in the profits for which he brings in Rs. 80,000 towards premium for goodwill. It will be taken by old partners in which ratio?

    Answer:

    It will be taken by old partners in their sacrificing ratio.


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