X and Y are partners in a firm in the ratio of 2 : 1 respectively. They admit Z as a new partner. The new ratio of the firm becomes 3:2 : 1 respectively. Z brings 5,000 as premium for his share of goodwill. The value of firm's goodwill will be -
(a) ₹ 24,000
(b) ₹ 30,000
(c) ₹ 27,000
(d) ₹ 18,000
Answers
Answered by
1
Answer:
Z's share = 1/6
premium for goodwill = 5000
total goodwill = 5000×6/1 = 30,000
Answered by
0
Answer:
Explanation:
Z is admitted for 1/6th share of profit
Z's contribution of Rs. 5000 consists of 1/6 share of goodwill only
Thereforfe, total goodwill of firm should be Rs. 5000 * (6/1) = 30000
Similar questions
English,
16 days ago
Hindi,
16 days ago
Math,
16 days ago
Social Sciences,
1 month ago
Social Sciences,
1 month ago
Hindi,
9 months ago
Math,
9 months ago