Jaya, Kirti, Ekta and Shewata are partners in a firm sharing profits and losses in the ratio of `2 : 1 : 2: 1 `. On Jaya's retirement, the goodwill of the firm is valued at Rs. 36,000. Kirti, Ekta and Shweta decided to share future profits equally. Record the necessary journal entry for the treatment of goodwill without opening 'Goodwill Account'.

Aparna, Manisha and Sonia are partners sharing profits in the ratio of 3 : 2 : 1 . Manisha retires and goodwill of the firm is valued at Rs. 1,80,000. Aparna and Sonia decided to share future in the ratio of 3 : 2 . Pass necessary journal entries

Sangeeta, Saroj and Shanti are partners sharing profits in the ratio of 2 : 3 : 5 . Goodwill is appearing in the books at a value of Rs. 60,000. Sangeeta retires and goodwill is valued at Rs. 90,000. Saroj and Shanti decided to share future profits equally. Record necessary journal entries.

Keshav, Nirmal and Pankaj are partners sharing profits and losses in the ratio of 4:3:2 . Nirmal retires and the goodwill is valued at Rs. 72,000. Keshav and Pankaj decided to share future profits and losses in the ratio of 5:3. Record necessary journal entries (a) when goodwill is raised at its full value and written off immediately (b) when goodwill is not to appear in firms books at all.

Deepa, Neeru and Shilpa were partners in a firm sharing profits in the ratio of 5 : 3 : 2 . Neeru retired and the new profit sharing ratio between Deepa and Shilpa was 2 : 3 . On Neeru's tetirement, the goodwill of the firm was valued at Rs. 1,20,000. Record necessary journal entry for the treatment of goodwill on Neeru's retirement.