Question: Need typed Answer please don't give Answer in handwriting. difficult to read. (Treatment of goodwill). A and B are partners sharing profits and losses in

 Need typed Answer please don't give Answer in handwriting. difficult to

Need typed Answer please don't give Answer in handwriting. difficult to read.

(Treatment of goodwill). A and B are partners sharing profits and losses in the ratio of 3: 2. They admit C on the condition that he will bring $20,000 as his share of goodwill in cash to be distributed between A and B. C's share in future profits will be 1/4th,which he acquires equally from A and B. Journalise

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