[CBSE] Q 35, 36 DK Goel Admission of a Partner Solutions Class 12 (2026-27)

Solutions of Question number 35, 36 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2026-27)

Q. 35. A and B are partners sharing profits and losses in 3 : 2. They admit C into partnership for 1/5th share in the profits. C pays in cash ₹ 40,000 for his capital. Goodwill of the firm is valued at ₹ 25,000 but C is unable to bring his share of goodwill in cash. Pass the necessary journal entries.

[Ans. C’s Current A/c will be debited by ₹ 5,000 and Capital Accounts of A and B will be credited in their sacrificing ratio.]

Solution:-

Note:-

1. As C does not bring premium for goodwill in cash, adjustment would be made through c’s current account.

2. In the absence of extra information, the sacrificing ratio is always equal to the old ratio.

Q. 36. Aru and Beena are partners in a firm sharing profits in the ratio of 2 : 1. They admit Charu and Diya as two new partners. The new profit sharing ratio is agreed at 4 : 3 : 2 :1. Charu introduced ₹ 5,00,000 and Diya ₹ 3,00,000 as their capitals.

Charu brings in ₹ 60,000 in cash for her share of goodwill but Diya is unable to bring her share of goodwill in cash.

Pass necessary journal entries.

[Ans. Capital Accounts of Aru and Beena will be Credited by ₹ 80,000 and ₹ 10,000 respectively in respect of goodwill.]

Solution:-