A and B are partners sharing profits and losses in ratio of 3:2. They agreed to change the ratio and decide it to 1:1. The goodwill of the firm was valued at ₹60,000. What will be the adjustment entry for recording this?

B's capital A/c Dr... ₹6,000
    To A's capital A/c            ₹6,000

The correct answer is option 3-
B's capital A/c Dr.     ₹6,000
     To A's capital A/c            ₹6,000

OLD RATIO IS 3:2
NEW RATIO IS 1:1
Sacrificed share = Old share - New share

A's sacrifice = 3/5-1/2
                   = (6-5)/10
                   = 1/10

B's sacrifice = 2/5-1/2
                   = (4-5)/10
                   = -1/10
As this figure is negative so it is (GAIN).
B will compensate A.

Goodwill is 60,000 so B share is = 60,000 x 1/10
                                                  = 6,000
So, B will compensate A by 6,000
So, adjustment entry is
B's capital A/c Dr... ₹6000
     To A's capital A/c          ₹6000
(Goodwill is adjusted due to change in profit sharing ratio)