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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

D.

By debiting R’s capital account with ₹30,000

Correct option is C

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CUET 2025 English Language Mock 01

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  • pdpQsnIcon50 Questions
  • pdpsheetsIcon200 Marks
  • timerIcon45 Mins
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