Need fast as possible need fast as possible answer

Dear Student
Journal entries

Date	Particulars	Amount(Dr)	Amount(Cr)
	X's capital A/c     Dr	8000
	To Z's Capital A/c		8000
	(adjustment of Z's share inn goodwill )
	General Reserve A/c             Dr	90000
	To X's capital A/c		45000
	To Y's capital A/c		30000
	To Z's capital A/c		15000
	(general reserve transferd to old partners )
	X's capital A/c               Dr	7500
	Y's capital A/c               Dr	5000
	Z's capital A/c                Dr	2500
	To Profit & loss A/c		15000
	(profit & loss distributed in old partners)
	Workmen Compensation Reserve A/c      Dr	12000
	To X's capital A/c		6000
	To Y's capital A/c		4000
	To Z's capital A/c		2000
	(WCR distributed in old partners )

Calculation of gaining ratio

	X	Y	Z
Old share	3/6	2/6	1/6
New share	2/3	1/3
Gaining ratio	1/3	-
Only X gaining

Z's share in goodwill = 48000 x 1/6 = 8000


Regards