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प्रश्न
A and B are partners sharing profits and losses in the ratio of 2 : 5. They admit C on the condition that he will bring ₹ 14,000 as his share of goodwill to be distributed between A and B. C's share in the future profits or losses will be 1/4th. What will be the new profit-sharing ratio and what amount of goodwill brought in by C will be received by A and B?
उत्तर
Old Ratio = A : B = 2 : 5
C is admitted for `1/4` share
Let the combined share of A, B and C be = 1
Combined share of A and B after C’s admission = 1 − C’s share
= 1- `1/4` = `3/4`
New Ratio = Old Ratio × Combined share of A and B
A's = `2/7 xx 3/4 = 6/28`
B's = `5/7 xx 3/4 = 15/28`
New Profit Sharing Ratio = A : B : C
= `6/28 : 15/28 : 1/4`
= `[ 6:15:7]/28`
= 6 : 15 : 7
Distribution of C’s share of Goodwill
C’s share of Goodwill = Rs 14,000
A's will get = 14,000 x `2/7` = Rs. 4,000
B will get =14,000 x `5/7` = Rs. 10,000
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|
Liabilities |
Amount (₹) |
Assets |
Amount (₹) |
||
| Creditors |
7,000 |
Land and Building | 36,000 | ||
| Bills Payable | 3,000 | Plant and Machinery | 28,000 | ||
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| A | 32,000 |
|
Sundry Debtors |
14,000 |
|
| B | 24,000 |
|
Less: Provision for Doubtful Debts |
2,000 |
12,000 |
| C | 20,000 | 76,000 | Bank | 2,000 | |
|
1,06,000 |
1,06,000 |
||||
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|
Liabilities |
Amount (₹) |
Assets |
Amount (₹) |
||
| Bills Payable |
12,000 |
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|
|
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|
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|
|
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||||
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|
Liabilities |
Amount (₹) |
Assets |
Amount (₹) |
||
| Creditors |
30,000 |
Cash in Hand | 18,000 | ||
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16,000 |
Debtors |
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|
|
| General Reserve |
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|
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| A |
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|
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|
|
1,68,000 |
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||||
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1,00,000
|
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|
Liabilities |
Amount (₹) |
Assets |
Amount (₹) |
||
|
Bills Payable |
2,000 |
Cash at Bank |
5,800 |
||
|
Employees' Provident Fund |
5,000 |
Bills Receivable |
800 |
||
|
Workmen Compensation Reserve |
6,000 |
Stock | 9,000 | ||
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|
Capital A/cs: |
Plant and Machinery | 6,500 | |||
| X | 22,750 | Building | 30,000 | ||
| Y |
15,250 |
Advertising Suspense | 6,000 | ||
| Z |
12,000 |
50,000 |
|||
|
76,100 |
76,100 |
||||
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| Liabilities |
Amount (₹) |
Assets |
Amount (₹) |
|
| Creditors | 50,000 | Land | 50,000 | |
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Assets | Amount (₹) |
|
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