C, R and S are partners sharing profits in the ratio of 5: 3: 2. R retires, the new profit-sharing ratio between C and S will be 1:1. The Goodwill of
Question
C, R and S are partners sharing profits in the ratio of 5: 3: 2. R retires, the new profit-sharing ratio between C and S will be 1:1. The Goodwill of the firm is valued at ₹1,00,000. R’s share of Goodwill be adjusted:
A.
By debiting all partners’ capital account equally with ₹1,00,000
B.
By debiting Cs capital and S’s capital accounts with ₹15,000 each
C.
By debiting only S’s capital accounts with ₹30,000