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A and B's old ratio is (4:1) and new ratio is (3:2). Goodwill is (₹200000). How much will be debited to B?

Answer and explanation

Correct answer: (₹40000)

B's share increased from (1/5) to (2/5), so gain is (1/5). B is debited (200000 \times \frac{1}{5}=₹40000).

Related tags

GoodwillChange In RatioGaining Partner DebitPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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