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A and B are partners sharing profits in the ratio of 7 : 5. C is admitted into the partnership for \(\frac{1}{6}\)th share which he acquires \(\frac{1}{24}\)th from A and \(\frac{1}{8}\)th from B. C does not pay anything for his share of goodwill. On C’s admission firm’s goodwill was valued at ₹1,80,000. Credit will be given to :

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A and B are partners sharing profits in the ratio of 7 : 5. C is admitted into the partnership for \(\frac{1}{6}\)th share which he acquires \(\frac{1}{24}\)th from A and \(\frac{1}{8}\)th from B. C does not pay anything for his share of goodwill. On C’s admission firm’s goodwill was valued at ₹1,80,000. Credit will be given to :






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