P, Q and R are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. R retires and the balance in his capital A/c after making necessary adjustments works out to be ₹60,000. However P and Q agreed to pay him ₹75,000 in full settlement of his claim. Then the amount to be debited to P's capital A/c would be:

₹9,000

The correct answer is Option (1) - ₹9,000.

R's capital after adjustment = ₹60,000
Claim settled = ₹75,000
Excess amount = 75,000 - 60,000
                        = ₹15,000

This excess amount is goodwill and shared by remaining partners in 3:2.

P borne = 15,000 x 3/5
             = ₹9,000

Q borne = 15,000 x 2/5
              = ₹6,000

Thus P will borne 9,000 and his capital account is debited for this amount.