Suman and saurabh are partners sharing profits and losses in the ratio of 2:1 . Jawahar and hemant are admitted and profit sharing ratio becomes 4:3:2:1. Goodwill is valued at rs. 54000. Jawahar brings required goodwill and rs. 120000 cash for capital. Hemant brings in rs. 60000 cash and rs. 20000 worth Furniture as his capital in addition to the required amount of goodwill in cash. Calculate the goodwill of Jawahar and Hemant.
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Suman and saurabh are partners sharing profits and losses in the ratio of 2:1 . Jawahar and hemant are admitted and profit sharing ratio becomes 4:3:2:1. Goodwill is valued at rs. 54000. Jawahar brings required goodwill and rs. 120000 cash for capital. Hemant brings in rs. 60000 cash and rs. 20000 worth Furniture as his capital in addition to the required amount of goodwill in cash. Calculate the goodwill of Jawahar and Hemant.
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