A, B and C are partners sharing profit and losses in the ratio of 2 : 2 : 1. B retired from the firm. At the time goodwill of the firm was valued at ₹ 30,000. What contribution has to be made by A and C to pay B?
A, B and C are partners sharing profit and losses in the ratio of 2 : 2 : 1. B retired from the firm. At the time goodwill of the firm was valued at ₹ 30,000. What contribution has to be made by A and C to pay B?
a) ₹ 20,000 and ₹ 10,000
b) ₹ 15,000 and ₹ 15,000
c) ₹ 8,000 and ₹ 4,000
d) ₹ 6,000 and ₹ 6,00
Anurag Pathak Changed status to publish July 2, 2023
Ans – c)
Solution:-
Goodwill of the firm = ₹ 30,000
B’s share in goodwill = 30,000 × 2/5 = ₹ 12,000
A and C would compensate it in their gaining ratio i.e. 2 : 1
A would compensate = 12,000 × 2/3 = ₹ 8,000
B would compensate = 12,000 × 1/3 = ₹ 4,000
Anurag Pathak Changed status to publish July 2, 2023
