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P, Q and R sharing profits and losses eq...

P, Q and R sharing profits and losses equally. R retires and the goodwill is appearing in the books at Rs. 30,000. Goodwill of the firm is valued at Rs. 1,50,000. Calculate the net amount to be credited to R's Capital A/c.

A

Rs. 60,000

B

Rs. 50,000

C

Rs. 40,000

D

Rs. 10,000

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The correct Answer is:
C
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DK GOEL-RETIREMENT OR DEATH OF A PARTNER-Multiple Choice Questions
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  2. B, P and L sharing profits in the ratio 4:3:2. B retires, P and L deci...

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  3. P, Q and R were partners sharing profits in the ratio 2:2:1. Q retires...

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  8. A, B and C were partners in a firm sharing profits and losses in the r...

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  9. P, Q and R sharing profits and losses equally. R retires and the goodw...

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  10. Ram, Krishna and Ganesh were sharing profits and losses in the ratio o...

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  12. A, B and C are sharing profits in the ratio of 3:2:1. B retires and on...

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  13. P, Q and R share profits in the ratio of 5:4:3. R retires and the new ...

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  14. X, Y and Z were partners in a firm sharing profits in the ratio of 3:2...

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  15. A, B and C are partners sharing profits in the ratio of 3:4:5. B retir...

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  16. P, Q and R were partners sharing profits in the ratio 5:3:2 respective...

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  17. X,Y and Z are partners sharing profits in the ratio of 2:3:5. Goodwill...

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  18. A, B and C are partners in a firm sharing profit/loss in the ratio of ...

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  19. A, B and C were partners sharing profits and losses in the ratio of 2:...

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  20. P, Q and R were partners sharing profits in the ratio of their Capital...

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