Question

A B &c are partners in a firm sharing profit & loss in 2:2:1 . On 1/4/2020 they decided to future share in 1:2:1 . On the same date goodwill was appeared in the books of Rs. 7500 . You are required to pass an adjustment entry assuming that goodwill will not appeared in book

Answer 1

Answer:

i think the answer is 250