Question

7.
Astha and Rachit are partners sharing profit in the ratio of 2:1. Astha's daughter Gauri was
admitted for 1/4 share of which 1/8 was gifted by Astha to her daughter. The remaining was
contributed by Rachit. Goodwill of the firm in' valued at Rs. 40,000. How much of the
goodwill will be credited to the old partner's capital account.
a) Rs. 2,500 each b) Rs. 5,000 each c) Rs. 20,000 each (d) None of the above.​

Answer 1

Answer:

TS Grewal Accountancy Class 12 Solutions Chapter 3 Change in Profit - Sharing Ratio Among the Existing Partners - 2