Riyansh, Garv and Kavleen were partners in a firm sharing profit and loss in the ratio of 8:7:5. On `2^(nd)` November 2018, Kavleen died. Kalveen’s share of profits till the date of her death was calculated at ₹ 9,375. Pass the necessary journal entry

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.

A and B are partners sharing profits and losses in the ratio of 2 : 1. From April 1, 2017, they decided to share the profits in the ratio of 3 : 2. On that date, profit and loss account showed a debit balance of Rs. 60,000. Record the necessary journal entry for the distribution of the balance in the Profit and Loss Account.