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P,Q and R are partners sharing equally. 1:1:1. They decided that in future R will get 1/5 share in profits. On the day of change,

P,Q and R are partners sharing equally. 1:1:1. They decided that in future R will get 1/5 share in profits. On the day of change, the firm goodwill is valued at 3,00,000. Pass Journal and tell me the calculation.

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