Question

A, B and Care equal partners, they
wanted to change the profit sharing
ratio to 4:3:2. They raised the
goodwill to Rs. 90,000. The effected
accounts will be:
O
(a) Cs Capital A/c Dr. 10,000 TO A's
Capital A/c 10,000
O
(b) B's Capital Alc Dr. 10,000 TO AS
Capital Alc 10,000
O
(c) Cs Capital A/c Dr. 10,000 To B's
Capital A/c 10,000
O
(d) As Capital Alc Dr. 10,000 TO Cs
Capital A/c 10,000​

Answer 1

Answer:

Sharing of profit ( Old Ratio) = 15000 : 10000 : 5000

Sharing of profit ( New Ratio) = 12000 : 12000 : 6000

Difference - A Cr. 3000 ; B Dr. 2000 ; C Dr. 1000

Answer 2

A's Capital A/c Dr. ₹10,000

To C's Capital A/c ₹10,000

Step-by-step

A's Gain 1/9

C's Sacrifice 1/9