Solution Revaluation A/c Particular Amount Particular Amount To Profit transferred to: Amit's A/c 480 Barun's A/c 120 600 By Furniture 600 600 600 Partner's Capital A/c Particulars Amit Barun Charan Particulars Amit Barun Charan To Goodwill A/c 800 200 By Balance b/d 20,000 15,000 To Amit's A/c 3,200 By Revaluation A/c 480 120 To Balance c /d 38,880 11,720 16,000 By Charan's current A/c 16,000 By Barun's A/c 3,200 By Cash A/c 16,000 39,680 15,120 16,000 39,680 15,120 16,000

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Solution
Revaluation A/c

Particular	Amount	Particular	Amount
To Profit transferred to: Amit's A/c 480 Barun's A/c 120	600	By Furniture	600

	600		600

Partner's Capital A/c

Particulars	Amit	Barun	Charan	Particulars	Amit	Barun	Charan
To Goodwill A/c	800	200		By Balance b/d	20,000	15,000
To Amit's A/c		3,200		By Revaluation A/c	480	120
To Balance c /d	38,880	11,720	16,000	By Charan's current A/c	16,000
				By Barun's A/c	3,200
				By Cash A/c			16,000

	39,680	15,120	16,000		39,680	15,120	16,000

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