Karan ,Charan and Raman were partners sharing profits in the ratio of 3:2:1. Raman retired from the firm on Ist april ,2018 on which date goodwill of the firm was valued at rs 1,20,000.Pass the necessary Journal entries raising goodwill for retiring partner 's share in current value of goodwill giving effect to it on Raman's retirement. (3 m
Answers
Answer:
Karan ,Charan and Raman were partners sharing profits in the ratio of 3:2:1. Raman retired from the firm on Ist april ,2018 on which date goodwill of the firm was valued at rs 1,20,000.Pass the necessary Journal entries raising goodwill for retiring partner 's share in current value of goodwill giving effect to it on Raman's retirement. (3 m I will not have answer please make me brainlist
Explanation:
goodwill a/c. 20000
To all partner 20000
(0ld ratio ma batana)
counting partner a/c. 20000
Togoodwill a/c. 20000
(New ratio ma batna)
120000 ya pura firm ke di ha
thuma Raman ka share niklana adaga
Raman =120000×1/6=20000
karan=20000×3/5=12000___
charan=20000×2/5=8000___\=ya second wali entry ma jayaga kyo ke ya continue partner haa
New ratio ma bata ha 20000 ko