CUET Preparation Today
Rohan, Bharti and Leela are partners. On the retirement of Rohan, the goodwill already appears in the balance sheet at Rs. 24,000. The goodwill will be written-off: |
By debiting all partners' capital accounts in their old profit-sharing ratio. By debiting remaining partners' capital accounts in their new profit sharing ratio. By debiting retiring partners' capital accounts from his share of goodwill. By debiting the retiring partners' current account from his share of goodwill. |
By debiting all partners' capital accounts in their old profit-sharing ratio. |
The correct answer is Option (1) → By debiting all partners' capital accounts in their old profit-sharing ratio. |
