Question

A and B are the partners in a firm sharing profit/losses in ratio 2:1. C is admitted as a partner.A and B surrenders of their respective share in favour of C. C is to bring his share of premium for goodwill in cash.The goodwill of the firm is estimated ₹60,000. Credit will be given:

(A) A-₹15,000,B-₹15,000

(B)A-₹40,000,B-₹10,000

(C) A-₹30,000,B-₹30,000

(D) A-₹20,000,B-₹10,000​

Answer 1

Answer:

D - is the right answer

Explanation:

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