Ms. fatima and sara are partners sharing profits and losses in the ratio of 3:2....
80.2K
Verified Solution
Question
Accounting
Ms. fatima and sara are partners sharing profits and losses in the ratio of 3:2. noora is admitted as a new partner for 1/4th share. Ms. noora brings RO. 60,000 as his capital and brings only 60% of his share of Goodwill in cash. The total Goodwill of the firm is RO. 80,000. How much amount of goodwill Ms.noora brought to the firm?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.