CUET Preparation Today
P, Q and R share profits equally. At the time of P's retirement, goodwill appears in the books at ₹3,000. P will be debited with...... amount for Goodwill share. |
₹2,000 ₹1,000 ₹3,000 ₹6,000 |
₹1,000 |
The correct answer is option 2- ₹1,000. Existing Goodwill of firm = 3,000 Profit sharing ratio = Equally (1:1:1) P's share = 3,000 x 1/3 |
