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प्रश्न
Varun and Barath are partners sharing profits and losses 5 : 4. They admit Dhamu into partnership. The new profit sharing ratio is agreed at 1 : 1 : 1. Dhamu’s share of goodwill is valued at ₹ 15,000 of which he pays ₹ 10,000 in cash. Pass necessary journal entries for adjustment of goodwill on the assumption that the fluctuating capital method is followed.
उत्तर
Dhamu’s share of goodwill against sacrificing ratio:
Sacrificing Ratio = Old share – New share
Varun = `5/9 - 1/3 = (5 - 3)/9 = 2/9`
Barath = `4/9 - 1/3 = (4 - 3)/9 = 1/9`
Goodwill value = `15000/3` = ₹ 5000
| Date | Particulars | L.F. | Debit ₹ |
Credit ₹ |
| Cash A/c .......Dr. Dhamu's capital A/c ........Dr. To Varun's Capital A/c To Barath's Capital A/c (Share of goodwill of Dhamu's credited to old partners capital A/c) |
10,000 5,000 - - |
- - 10,000 5,000 |
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