CA CPT 2014 June Question Paper Fundamentals of Accounting for online practice

Question : 44 of 60

Marks: +1, -0

A, B are partners sharing profit & losses in the ratio of 5 : 3. ‘C’ admitted as a new partner for 1/5th share and hiscapital is Rs. 1,20,000 & goodwill Rs. 60,000 Capitals of A, B & C were Rs/-