Question: A and B share profits and losses equally. They admit C as an equal partner and goodwill was valued as Rs.30,000. C is to

A and B share profits and losses equally. They admit C as

A and B share profits and losses equally. They admit C as an equal partner and goodwill was valued as Rs.30,000. C is to bring in 30,000 as his capital and necessary cash towards his share of Goodwill. What will be the final effect of goodwill in the partners capital account?

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