the ratio of 5 3 They admit Tanu into the firm for 1 6 share in profit which he takes 1 18 from Tanu and 2 18 from Puneet Traun brings 9,000 as goodwill out of his share of 12,000 No goodwill account appears in the books of the firm Make necessary journal entries in the books of the firm proc and ...

The question youve provided involves accounting for the admission of a new partner into an existing partnership To address this situation we need to c ...

the ratio of 5:3. They admit Tanu into the firm for 1/6 share in profit which...

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the ratio of 5:3. They admit Tanu into the firm for 1/6 share in profit which he takes 1/18 from Tanu and

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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