Accountancy > Accounting For Partnership Firms > Admission Of A Partner
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Alex, Benn and Cole were partners in a firm sharing profits and losses in the ratio of 5:3:2. They admitted Dona as a new partner for th in the future profits. Dona agreed to contribute proportionate capital. On the date of admission, capitals of Alex, Benn and Cole after all adjustments were ₹1,20,000, ₹80,000 and ₹1,00,000 respectively. The amount of capital brought in by Dona will be:
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