Question

Q8. X & Y are partners sharing profit & loss in the ratio of 3:2. With effect from 1st
April, 2021, they agree to share profits equally. Goodwill of the firm valued at Rs.
60,000. The adjustment entry will be:
AT Dr. Y's Capital A/c & Cr. X's Capital A/c by Rs. 6,000.
B) Dr. X's Capital A/c & Cr. Y's Capital A/c by Rs. 6,000.
C) Dr. X's Capital A/c & Cr. Y's Capital A/c by Rs. 600.
D) Dr. Y's Capital A/c & Cr. X's Capital A/c by Rs. 600.

Answer 1

Answer:

i don't know sorry for the