CA CPT Dec 2016 Question Paper Fundamentals of Accounting for online practice

Question : 45 of 58

Marks: +1, -0

Akash and Vikas are partners in a firm with capital of ₹60,000 each. Srikanth is admitted asa new partners for 1/5th share, who brings in ₹80,000 as capital. Find the value of inferredgoodwill.