[CBSE] Q 37 DK Goel Admission of a Partner Solutions Class 12 (2024-25)
The solution of Question number 37 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2024-25)
Q. 37. 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:-
