P, Q and R are partners sharing profits and losses in the ratio of 5 : 3 : 2. From 1st April, 2016, they decide to share profits and losses in equal proportions. The partnership deed provides that in the event of any change in profit sharing ratio, the goodwill should be valued at three year's purchase of the average of five year's profits. The profits and losses of the preceding five years ending 31st March are :

X and Y were partners sharing profits and losses in the ratio of 3 : 1. They decided that with effect from 1st April 2016, they would share profits and losses in the ratio of 1 : 3. The partnership deed provides that in the event of any change in profit sharing ratio, the goodwill should be valued at the total of two year's profits preceding the date the decision became effective. The profits for 2013-14, 2014-15 and 2015-16 were Rs. 60,000, Rs. 70,000 and Rs. 90,000 respectively. Pass the necessary Journal entry to give effect to the above arrangement.

A, B and C were partners sharing profits and losses in the ratio of 7:3:2. From 1st January, 2019 they decided to share profits and losses in the ratio of 8:4:3. Goodwill is Rs1,20,000. In Adjustment entry for goodwill:

X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2. They admit A into partnership and give him 1/5th share of profits. Find the new profit-sharing ratio.

A and B were partners in a firm sharing profits and losses in the ratio of 2 : 1. With effect from 1st April, 2019 they agreed to share profits and losses equally. Calculate the individual partner's gain or sacrifice due to change in ratio.

X, Y and Z are partners in a firm sharing profits and losses in the ratio of 5:3:2. The partners decide to share future profits and losses in the ratio of 3:2:1. Each partner's gain or sacrifice due to change in the ratio will be :