A and B were partners in a firm sharing profits in the ratio 3 : 2. With effect from 1st April 2016 they agreed to share profits equally. For this purpose the goodwill of the firm was valued at Rs. 30,000. Pass the necessary journal entry.

Anant, Gulab and Khushbu were partners in a firm sharing profits in the ratio of 5 : 3 : 2. From 1.4.2014, they decided to share the profits equally, For the purpose the goodwill of the firm was valued at Rs. 2,40,000. Pass necessary journal entry for the treatment of goodwill on change in the profit sharing ratio of Anant, Gulab and Khushbu.

X and Y were partners sharing profits in the ratio of 2 : 1. With effect from 1st April, 2016, they decided to share profits in the ratio of 3 : 1. For this purpose the goodwill of the firm is valued at Rs. 1,80,000. Give the necessary journal entry.

Arun and Varun were in partnership sharing profits in the ratio of 2 : 3. With effect from 1st May 2016 they agreed to share profits in the ratio of 1 : 2. For this purpose the goodwill of the firm is to be valued at two year's purchase of the average profits of last three years, which were Rs. 1,50,000, Rs. 1,40,000 and Rs. 2,20,000 respectively. Reserves appear in the books at Rs. 1,10,000. Partners do not want to distribute the reserves. You are required to give effect to the change by passing a single journal entry.

A, B and C were partners in a firm sharing profits in the ratio of 1 : 3 : 2. They decided that with effect from 1st April, 2016, they will share profits in the ratio of 4 : 6 : 5. For this purpose the goodwill of the firm is valued at the total of preceding three year's profits. The profits were : {:(," Rs."),(2011-12,"40,000"),(2012-13,"10,000 (Loss)"),(2013-14,"80,000 (Loss)"),(2014-15,"1,20,000"),(2015-16,"1,40,000"):} Reserves and profits appeared in the balance sheet at Rs. 40,000 and Rs. 30,000 respectively. Partners do not want to distribute the reserves and profits appearing in the balance sheet. Pass a single journal entry to record the change.

X and Y were partners in a firm sharing profits in the ratio of 5 : 3. With effect from 1st April, 2019 they agreed to share profits equally. Calculate the individual partner's gain or sacrifice due to change in ratio.