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from | reconstitution of a partnership firm - admission of a partner Class
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Answer






Working Notes: 
Capital Adjustment
Nusrat’s Capital = (Mohan’s capital + Mahesh’s capital) x 20/100

                        = (3,92,000 + 2,08,000) x 20/100 

   = 6,00,000 x 20 /100 = 1,20,000
Cash in Hand = 1,40,000+1,20,000+1,00,000 = 3,60,000

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Working Notes: 
Capital Adjustment
Nusrat’s Capital = (Mohan’s capital + Mahesh’s capital) x 20/100

                        = (3,92,000 + 2,08,000) x 20/100 

   = 6,00,000 x 20 /100 = 1,20,000
Cash in Hand = 1,40,000+1,20,000+1,00,000 = 3,60,000

Answer





Working Notes: 
Capital Adjustment
Nusrat’s Capital = (Mohan’s capital + Mahesh’s capital) x 20/100

                        = (3,92,000 + 2,08,000) x 20/100 

   = 6,00,000 x 20 /100 = 1,20,000
Cash in Hand = 1,40,000+1,20,000+1,00,000 = 3,60,000

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