Anita and Barun are partners sharing profits equally with capitals of Rs. 45,000 each. They admitted Chirag as a new partner for 1/3rd share in the profit. On the day of admission, profit and loss account in the balance sheet shows a debit balance of Rs 30,000. Chirag brings in Rs. 60,000 as his capital. What will be the amount of goodwill brought by Chirag? |
Rs 20,000 Rs 10,000 Rs 60,000 Rs 30,000 |
Rs 20,000 |
The correct answer is Option (1) → Rs 20,000 |