Preet and Saral were partners sharing profits and losses in the ratio of 3:2. On 31st March, 2024 they decided to change their profit sharing ratio to 1:1. On the date of reconstitution goodwill of the firm was valued at Rs 1,00,000. The journal entry for treatment of goodwill on account of change in profit-sharing ratio will be:
There are many important integration formulas which are applied to integrate many other standard integrals. In this article, we will take a look at the integrals of these particular functions and see how they are used in several other standard integrals.
These are tabulated below along with the meaning of each part.