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Goodwill of the firm was valued at? Goodwill account is not opened in the books, adjusting entry for goodwill between partners being made in their
Goodwill of the firm was valued at? Goodwill account is not opened in the books, adjusting entry for goodwill between partners being made in their capital accounts.
You are required to prepare.
(a) Revaluation account
(b) As account showing the balance due to him.
(c) The balance sheet of B and C as on 1 st April 2010.
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