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Ram, Krishna and Ganesh were sharing pro...

Ram, Krishna and Ganesh were sharing profits and losses in the ratio of `5:3:2`. Ram retires and Krishna and Ganesh share the future profits and amount of goodwill of the firm is valued at Rs. 1,00,000. Calculate the amount of goodwill to be debited to Krishan's and Ganesha's Capital A/c.

A

Rs. 60,000 & Rs. 40,000

B

Rs. 20,000 & Rs. 30,000

C

Rs. 40,000 & Rs. 60,000

D

Rs. 30,000 & Rs. 20,000

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The correct Answer is:
B
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DK GOEL-RETIREMENT OR DEATH OF A PARTNER-Multiple Choice Questions
  1. On 1st April, 2019 A , B and C were partners sharing profits and losse...

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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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  4. A, B and C are equal partners in a firm. B retires and the remaining p...

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  5. A, B and c are partners sharing profit of loss in the ratio of 3:2:1. ...

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  6. A, B and C are partners sharing profit or loss in the ratio of 4:3:2. ...

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  7. A, B and C are partners sharing profit or loss in the ratio of 2:3:4. ...

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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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  11. A, B and C are partners with profit sharing ratio 4:3:2. B retires an...

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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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