Question

2.A and B are partners sharing profits and losses as 2 : 1. C is admitted and profit sharing ratio becomes 4 : 3 : 2. Goodwill is valued at ₹94,500. C brings required goodwill in cash. Goodwill amount will be Credited to :
Explain pls​

Answer 1

is admitted and profit sharing ratio becomes 4 : 3 : 2. Goodwill is valued at ₹94,500. C brings required goodwill in cash.

Answer 2

Explanation:

Sacrificing Ratio =Old share-New share

A=2/3-4/9=2/9

B=1/3-3/9=Nil

C's share in goodwill 94500 *2/9=21000 will be sacrificed only by A