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(Treatment of goodwill) A and B are partners sharing profits and losses equally. They admit C who pays a premium of $ 6,000 for

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(Treatment of goodwill) A and B are partners sharing profits and losses equally. They admit C who pays a premium of $ 6,000 for 1/4th share while A and B decide to share profits and losses in the ratio 2: 1. Joumalise.

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