8. A & B are partners sharing the profit in the ratio of 3:2. They take C as the new partner, who brings in * 25,000 against capital and 10,000 against goodwill. New profit sharing ratio is 1:1:1. In what ratio will this amount will be shared among the old partners A & B.
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Answer:
Only the goodwill brought by the new partner is shared by the old partners in their sacrificing ratio
Explanation:
sacrifice by A
3/5 - 1/3 = 4/15
sacrifice by B
2/5 - 1/3 = 1/15
they will share the goodwill amount brought by C of 10000 in the ratio of 4:1
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