[CBSE] Q 28, 29 DK Goel Admission of a Partner Solutions Class 12 (2026-27)

Here are the solutions of Question number 28, 29 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2026-27)

Q. 28. X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership, Z paying a premium of ₹ 1,00,000 for 1/4th share of the profits while X and Y as between themselves sharing profits and losses equally. Give Journal entries.

[Ans. Premium for goodwill brought in by Z ₹ 1,00,000 will be divided by X and Y in their sacrificing ratio 9 : 1.]

Solution:-

Q. 29. A, B and C are partners sharing profits and losses in the ratio of 3 : 2 : 1. They admit D for 1/4th share in the profits and he brought in ₹ 1,50,000 as his share of goodwill which was credited to the Capital Accounts of B and C respectively with ₹ 1,25,000 and ₹ 25,000.

Calculate the new profit sharing ratio.

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

Solution:-