Ramesh and Suresh are partners sharing profits and losses in the ratio of 2 1 respectively Ramesh capital is Rs 1,02,000 and Suresh capital is Rs 73,000 They admit Mahesh and agree to give him 1 5th share in future profits Mahesh bring Rs 14,000 as share of goodwill He agrees to contribute capital...

Sacrificing scatio Groodwill Ramests share Surid ...

Ramesh and Suresh are partners sharing profits and losses in the ratio of 2:1 respectively. Ramesh...

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Financial and Managerial Accounting

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