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प्रश्न
Balu, Chandru and Nirmal are partners in a firm sharing profits and losses in the ratio of 5:3:2 on 31st March 2018, Nirmal retires from the firm. On the date of Nirmal’s retirement, goodwill appeared in the books of the firm at ₹ 60,000 By assuming fluctuating capital account, pass the necessary journal entry if the partners decide to
- write off the entire amount of existing goodwill
- write off half of the existing goodwill.
उत्तर
a) Write off the entire amount of existing goodwill-
| Particulars | L.F. | Debit | Credit |
| Balu's Capital A/c Dr. Chandru's Capital A/c Dr. Nirmal's Capital A/c Dr. To Goodwill A/c [Goddwill written off] |
30,000 18,000 12,000 |
60,000 |
b. Write off half of the existing goodwill.
Goodwill = `60,000 xx 1/2` = Rs. 30,000
| Particulars | L.F. | Debit | Credit |
| Balu's Capital A/c Dr. Chandru's Capital A/c Dr. Nirmal's Capital A/c Dr. To Goodwill A/c [Half of the amount of goodwill written off] |
15,000 9,000 6,000 |
30,000 |
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