Ram, Shyam and Ghanshyam are partners …
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Ram, Shyam and Ghanshyam are partners sharing profits in the ratio of 5: 3:2. Shyam retires and
the new profit sharing ratio between RAM and Ghanshyam is 1:1. The Goodwill of the firm is valued at Rs
1,00.000 of goodwill will be adjusted by:
Debiting Rams capital account and Ghanshyam capital account with Rs. 15000 each.
(b) Debiting Rams capital account with Rs. 21,429 and Ghanshyam capital account with Rs. 8,571.
(c) Debiting Ghanshyam capital account with Rs. 30.000
(D)Debiting Shyan's capital account with Rs. 30,000
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