Question

Avya, Divya and Kavya were equal partners. They decided to change the
profit sharing ratio to 4 : 3 : 2. For this purpose the goodwill of the firm
was valued at 90,000.
The journal entry for the treatment of Goodwill on change in profit
sharing ratio will be:
__________________________
Particular | Debit | Credit
| Amt. (*₹) | Amt. )
__________________________
(a) Kavya's Capital A/c. Dr. 10,000
To Avya's Capital A/c.10,000
___________________________
(b) Divya's Capital A/c. Dr. 10,000
To Avya's Capital A/c.10,000
___________________________
(c) Avya's Capital A/c. Dr. 90,000
To Kavya's Capital A/c.90,000
___________________________
(d) Avya's Capital A/c. Dr. 10,000
To Kavya's Capital A/c.10,000
___________________________​

Answer 1

Answer:

the correct option is c

Answer 2

Answer:

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