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DK Goel Solutions Q 36 Chapter 3 Admission of a Partner Class 12 CBSE [2023-24]

Question 36 of 91Chapter 3Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 36, Chapter 3 Admission of a Partner, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 36

A and B are partners sharing profits and losses in 3 : 2. They admit C into partnership for 1/5th share in the profits. C pays in cash ₹ 40,000 for his capital. Goodwill of the firm is valued at ₹ 25,000 but C is unable to bring his share of goodwill in cash. Pass the necessary journal entries.

DK Goel Class 12 Admission of a Partner Question 36

Solution

Solution of Q 36 Admission of a Partner DK Goel 2023-24 part 1
Solution of Q 36 Admission of a Partner DK Goel 2023-24 part 2
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About this solution

This is Chapter 3 Admission of a Partner of DK Goel For 2024 Examinations.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.

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