A & B are partners sharing plein 2:1 ratio. They admitted c. Who agree to contributo Rs 50000 towards his capital. The future profit sharing ratio of A, B and C is 2 2:3 respectively. C agred to transfer Rs 15000 for goodwill from his capital account .A's capital account will be credited by
a) 15000
b) 16333
c) 17333
d)16667
please tell me the correct option by solving
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Answer:
A and B who are partners sharing profit and losses in the ratio 3:2, admiting C as a partner for 1/4th share will have the new ratio is 3: 3: 2 and the sacrificing ratio is 9:1. Let's use the condition given in the question to find the required ratios.
Explanation:
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