P and Q are partners sharing profits and losses in the ratio of 2:1. They admit R for a third share. He brings in Rs. 30,000 for

P and Q are partners sharing profits and losses in the ratio of 2:1. They admit R for a third share. He brings in Rs. 30,000 for goodwill, half of which is withdrawn by the old partners. Pass journal entries.

P and Q are partners sharing profits and losses in the ratio of 2:1. They admit R for a third share. He brings in Rs. 30,000 for goodwill,

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