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Chaudhary joins for 1/5 and brings no goodwill; goodwill is Rs. 30,000. His current account is debited by?
ARs. 6,000
BRs. 30,000
CRs. 3,000
DRs. 15,000
Answer & Solution
Correct answer: A. Rs. 6,000
His share of goodwill is 1/5 of 30,000 = 6,000, and none was paid.
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