Please answer this question...
Dear Student,
Here is your answer,
NOTE: AS C DOES NOT BRING 4800(7800-3000) OF GOODWILL IN CASH, THEREFORE THE SAME AMOUNT WILL BE DEBITED TO ITS CAPITAL ACCOUNT.
Regard.
Here is your answer,
NOTE: AS C DOES NOT BRING 4800(7800-3000) OF GOODWILL IN CASH, THEREFORE THE SAME AMOUNT WILL BE DEBITED TO ITS CAPITAL ACCOUNT.
Regard.