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Goodwill is ₹150000. C is admitted for (1/5) share. A and B sacrifice in (7:3). If C does not bring goodwill how much will A's capital be credited?

Answer and explanation

Correct answer: ₹21000

C's required goodwill is (150000 \times 1/5 = ₹30000). A receives (30000 \times 7/10 = ₹21000).

Related tags

Goodwill Not BroughtSacrificing RatioNumericalGoodwill AccountingReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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