CUET UGAccountingMCQ
Q4. A, B and C are partners in a firm sharing profits in the ratio of 2:2:1. D is admitted for 1/5th share in profits. He will bring ₹35,000 as his capital in the firm. The capitals of A, B and C after all the adjustments are ₹40,000, ₹35,000 and ₹30,000 respectively. What will be the share of goodwill of D? (a) 14,000 (b) 30,000 (c) 35,000 (d) ₹7,000

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