Question

Piyush, Karan and Aarush were partners sharing profits in the ratio of
5:3 : 2. Piyush retired on 31st March, 2019. Balance in this Capital
Account after all adjustments except goodwill was 7,10,000, but he was
paid 8,00,000 including his share of goodwill. The amount credited to
his Capital Account on account of goodwill was :
(A) = 45,000
(B) = 27,000
(C) * 90,000
(D) 18,000
1/3​

Answer 1

Hope you will get this.

Explanation:

At the time of retirement of partner all the benefits are given to a partner which are due to him and all the payments are received which he was liable to pay.

In the question it is given that after all the adjustments except goodwill his balance is rs 710000 but he was paid 800000. That means that his share of  goodwill is rs 90000.

So your answer is (c) 90000