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Ravi, Mukesh, Naresh and Yogesh are partners in a firm sharing profits in the ratio of 2 : 2 : 1 : 1

299 viewsMarch 3, 2024[ISC] Retirement of Partner

Anurag Pathak25.51K March 3, 2024 0 Comments

Ravi, Mukesh, Naresh and Yogesh are partners in a firm sharing profits in the ratio of 2 : 2 : 1 : 1. On Mukesh’s retirement, goodwill of the firm is valued at ₹ 90,000. Ravi, Naresh and Yogesh decided to share future profits equally. Pass necessary Journal entry for treatment of goodwill.

Anurag Pathak Changed status to publish March 3, 2024

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Anurag Pathak25.51K Posted March 3, 2024 0 Comments

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Anurag Pathak Changed status to publish March 3, 2024

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

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Ravi, Mukesh, Naresh and Yogesh are partners in a firm sharing profits in the ratio of 2 : 2 : 1 : 1

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Anurag Pathak

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Anurag Pathak

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