Abhay and Sumant are partners sharing profit in the ratio of 2:1. Aakriti was admitted for 1/4 share, half of which was given by Abhay and the remaining was contributed by Sumant. The goodwill of the firm is valued at Rs. 40,000. How much of the goodwill will be credited to the old partner’s capital account?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) →
Rs. 5,000 each