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A and B share profits in (2:1). After admission of C the new ratio is (3:2:1). Goodwill of ₹60000 is raised and then written off. How much will be debited to C's capital account?

Answer and explanation

Correct answer: ₹10000

C's new share is (1/6) so ₹10000 is debited when goodwill is written off. Use new ratio for writing off goodwill.

Related tags

Raised GoodwillWrite OffNumericalGoodwill AccountingReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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