PLEASE HELP ME OUT WITH THIS

Dear Student,
 

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
	Mayank’s Capital A/c	Dr.		96,000
	To Smaksh’s Capital A/c				24,000
	To Siddharth’s Capital A/c				72,000
	(Adjustment for goodwill)

Working Notes:

Calculation of Gaining Ratio

$$\begin{gathered} \mathrm{Samarth}=\frac{3}{10}-\frac{3}{10}=\mathrm{Nil} \\ \mathrm{Smaksh}=\frac{1}{10}-\frac{2}{10}=-\frac{1}{10}\left(\mathrm{sacrifice}\right) \\ \mathrm{Mayank}=\frac{6}{10}-\frac{2}{10}=\frac{4}{10}\left(\mathrm{gain}\right) \end{gathered}$$

Adjustment for goodwill

$$\begin{gathered} \mathrm{Smaksh}=2,40,000\times \frac{1}{10}=24,000 \\ \mathrm{Siddharth}=2,40,000\times \frac{3}{10}=72,000 \\ \mathrm{Mayank}=2,40,000\times \frac{4}{10}=96,000 \end{gathered}$$