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A B and C are partners sharing profits in the ratio...

This question belongs to Commerce Accounting
Accounting
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A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. C retires, and his capital after making adjustments for reserves and profits on revaluation is Rs. 2,30,000. A and B agree to pay him Rs. 50,000 in full and final settlement of his claims. The amount of goodwill be

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Correct Answer: Option C
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Zia Mahmood
Zia Mahmood 3 years ago
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