havebeenin

Eva, Francis and Gigi have been in business for many years. They have always shared profits and losses equally. No goodwill account has been created in the books. On 1 January Year 7 they agree that Henry will join the partnership. Henry pays $25,000 as his contribution. They agree to share profits and losses equally. The Net Assets before Henry's admission is $ 60,000. After Henry's admission, the goodwill is equal to ______. A.$15,000. B.$5,000. C.$35,000. D.$20,000.

时间:2024-04-16 10:30:27

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