Question

P and S are partners sharing profits in the ratio of 3 : 2. R is admitted with th
share and he brings in 84,000 as his share of goodwill which is Credited to
the Capital Accounts of P and S respectively with 63,000 and 21,000. New
profit sharing ratio will be :
(A) 3:1:5
(B) 9:7:4
(C) 3:2:5
(D) 7:9:4

Answer 1

Answer:

Answer is c 3:2:5

Explanation:

because P=3,S=2 and R=5