A and B shared profits & loss in the ratio of 2:3. starting 1st April 2019, they agreed to distribute profits equally. The firm goodwill was valued at ₹ 30,000. The adjustment entry will be.
1) Dr. B and Cr. A with ₹6,000
2) Dr. A and Cr. B with ₹6,000
3) Dr. A and Cr. B with ₹6,00
4) Dr. B and Cr. A with ₹6,00
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Answer:
option two is correct option
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