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A and B are two partners in a firm sharing profit and loss equally. C is admitted as a third partner for 1/3 share
A and B are two partners in a firm sharing profit and loss equally. C is admitted as a third partner for 1/3 share of profit for which he agreed to pay Rs. 10,000 to each partner as his share of good will privately. How this will be accounted for in the books of the firm.
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Employment Law for Human Resource Practice
Authors: David J. Walsh
4th edition
1111972192, 978-1133710820, 1133710824, 978-1111972196
