Question: AB are two partners sharing profit and loss equally. C is admitted as a third partner for 1/3rd share of profit for which he

AB are two partners sharing profit and loss equally. C is admitted

AB are two partners sharing profit and loss equally. C is admitted as a third partner for 1/3rd share of profit for which he brings in Rs. 5,000 as his share of goodwill. Find the goodwill of the entire firm. A B C D Rs. 15,000 Rs. 5,000 Rs. 10,000 Nil

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