X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership with 1/15th share in profits which he acquires equally from X and Y. Z brings in ₹40,000 as goodwill in cash. How much Goodwill amount will be credited to partner's account?

X Rs20,000; Y Rs20,000

At the time of admission of new partner, old partners sacrifices some of their profit share. To compensate old partners, new partner is liable to bring in some goodwill either in cash or kind which is distributed among old partners in their sacrificing ratio.
The necessary journal entry will be:
1. Bank/Cash A/c Dr.
          To Goodwill A/c
2. Goodwill A/c Dr.
          To Old partner's capital A/c (Individually in their sacrificing ratio)
As Z got his share from other partners equally means sacrificing ratio is 1;1. So, goodwill is distributed between X & Y equally.
Z brings goodwill = 40000
X & Y got ₹20000 each.