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 Rs 94,500.C
brings required Goodwill in cash.
Goodwill amount will be credited to:
O A Rs 21,000
O A Rs 14,000 and B Rs 7000
O A Rs 12,000 and B Rs 9,000
O A Rs 94,500
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Explanation:
Goodwill = 4:3:2
94500×2/9
=21000
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