Question

Anita and Babita were partners sharing profits and losses in the ratio of 3 : 1. Savita was admitted for `1/5`th share in the profits. Savita was unable to bring her share of goodwill premium in cash. The journal entry recorded for goodwill premium is given below:

Date	Particulars	L.F.	Amount Dr. (₹)	Amount Cr. (₹)
	Savita's Current A/c   Dr.		24,000	-
	To Anita's Capital A/c		-	8,000
	To Babita's Capital A/c		-	16,000
	(Being adjustment of goodwill premium on Savita's Admission)

The new profit sharing ratio of Anita, Babita and Savita, will be:

पर्याय

• 41 : 7 : 12

• 13 : 12 : 10

• 3 : 1 : 1

• 5 : 3 : 2

Answer 1

41 : 7 : 12

Explanation:

New share = Old share − Sacrificing share

Anita's new share = `3/4 - (1/5 xx 1/3) = 3/4 - 1/15 = 41/60`

Babita's new share = `1/4 - (1/5 xx 2/3) = 1/4 - 2/15 = 7/60`

Sarita's share = `1/5 xx 12/12 = 12/60`