A, B and C are partners sharing profits and losses in the ratio of 5 : 4 : 3. C retires and is credited for ₹ 9,000 as goodwill. How much will be debited to A in respect of goodwill adjustment?
A, B and C are partners sharing profits and losses in the ratio of 5 : 4 : 3. C retires and is credited for ₹ 9,000 as goodwill. How much will be debited to A in respect of goodwill adjustment?
a) ₹ 20,000
b) ₹ 16,000
c) ₹ 5,000
d) ₹ 4,000
Anurag Pathak Changed status to publish July 2, 2023
Ans – c)
Solution:-
C’s share in goodwill of the firm is ₹ 9,000
it will be compensated by A and B in their gaining ratio that is 5 : 4
Thus A would be debited by 9,000 × 5/9 = ₹ 5,000
Anurag Pathak Changed status to publish July 2, 2023
