CA CPT June 2019 Question Paper Fundamentals of Accounting for online practice

Question : 45 of 59

Marks: +1, -0

X & Y are partners In the ratio of 5:3. They admitted 7 as a partner for 1/5" share and he pays Rs. 1,20,000 as capital and Rs. 60,000 as goodwill. Find capitals of all the partners taking Z's capital as the base?