Asha and Disha are partners sharing profit in ratio of 2:1 Asha's Son Ashish admitted for 1/4th share of which 1/8th was gifted by Asha to her son. The remaining was contributed by Nisha. Goodwill of the firm is valued at rupees 40,000 . How much of the Goodwill will be credited to the old partners capital account? Share with your friends Share 4 Sirjan Arneja answered this Dear Student, Asha: Disha=2:1 Asha's son's share=14Asha's Sacrifice=18×14=132Remaining share= Disha's Sacrifice=14-132=8-132=732Thus, Sacrifice ratio between Asha and Disha=1:7Firm's goodwill=40,000Amount credited to old partner's account=40000 in ratio 2:1Asha's share=23×40000=26667Disha's share=13×40000=13333Asha's son will bring=40,000×14= 10000 as goodwillAsha's share of goodwill=10000×18=1250Disha's share of goodwill=10000×78=8750 Regards 2 View Full Answer
