Question
A and B share profits and losses equally. They admit C as an equal partner and goodwill was valued as Rs.30,000. C is to
A and B share profits and losses equally. They admit C as an equal partner and goodwill was valued as Rs.30,000. C is to bring in 30,000 as his capital and necessary cash towards his share of Goodwill. What will be the final effect of goodwill in the partners capital account?
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
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