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(Treatment of goodwill). X and Y are partners sharing profits in the ratio of 4:1. Z admits for 1/4th share. He was required to
(Treatment of goodwill). X and Y are partners sharing profits in the ratio of 4:1. Z admits for 1/4th share. He was required to bring $11,00,000 for his share of capital and necessary amount for his share of goodwill. For this purpose he contributes the following assets: Building. 5,00,000 Furniture. 4,50,000 Computer. 1,00,000 Machinery. 2,00,000 Goodwill. 25,000 Journalise in the Books of X,Y and Z
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Cost Benefit Analysis Concepts and Practice
Authors: Anthony Boardman, David Greenberg, Aidan Vining, David Weimer
4th edition
137002696, 978-1108448284, 1108448283, 978-0137002696
