[CBSE] Q 26, 27 DK Goel Admission of a Partner Solutions Class 12 (2026-27)

Here are the solutions of Question number 26, 27 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2026-27)

Q. 26. A, B and C are partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They admitted D as a new partner, who brings ₹ 5,00,000 as capital and ₹ 2,10,000 as his share of goodwill in cash. A surrendered 1/5th of his share, B surrendered 1/6th of his share and C surrendered 1/8th of his share in favour of D.

Find out sacrifice ratio and Pass necessary journal entries for the above.

[Ans. Sacrificing Ratio 4 : 2 : 1.]

Solution:-

Q. 27. Partners A, B and C share the profit of a business in the ratio of 3 : 2 : 1 respectively. For one-sixth share they admit D who brings in ₹ 2,00,000 including ₹ 60,000 for his share of goodwill. Show the journal entries if A, B, C and D decide to share the profits respectively in the ratio of (a) 15 : 10 : 5 : 6; (b) 5 : 3 : 2 : 2, and (c) 2 : 2 : 1 : 1. Assume that the entire cash brought in by D remains in the business. Give Journal entries.

[Ans. Sacrificing Ratio : (a) 3 : 2 : 1, (b) A : B = 1 : 1, (c) Only A sacrifices.]

Solution:-

Case – I