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Question

A, B and C are partners sharing profits in the ratio 2:2:1. On retirement of B, goodwill was valued as Rs. 30,000. Find the contribution of A and C to compensate B.

Options

Choose one · Correct answer highlighted

Explanation

Rs. 8,000 and Rs. 4,000 correct per NCERT Retirement or Death of a Partner; matches accountancy concept accurately.

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