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X and Y are partners sharing profits and losses in 3...

This question belongs to Commerce Accounting
Accounting
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X and Y are partners sharing profits and losses in 3 : 1. They admitted Z in the partnership and he bring Rs. 8,000 as his share of goodwill. New profit sharing ratio between X, Y and Z is 2 : 1 : 1, goodwill will be distributed to.

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Correct Answer: Option C
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