Question : P Q and R are partners sharing profit and losses in the ratio of 5:3:2. R retires and goodwill is valued at  Rs 80,000. Adjustments for goodwill will be 

Option 1: Cr R’s capital  account by Rs 80,000, Dr P’s capital account Rs 50,000 and Dr Q’s capital account by Rs 30,000

Option 2: Cr R’s capital account by Rs 16,000, Dr P’s capital account by Rs 8,000 and Dr Q ’s capital account by Rs 8,000

Option 3: Cr R’s capital account by Rs 16,000 and debit P’s capital account by Rs 10,000 and Dr Q’s  capital account by Rs 6,000

Option 4: Cr R’s capital account by Rs 80,000. Dr P’s capital account by Rs 40,000 and Dr Q’s capital account by Rs 40,000

Question : Bina and Tina are partners sharing profit and losses in the ratio of 3:2. They changed their profit-sharing ratio to 5:3 w.e.f  1st April 2020. The assets were revalued and liabilities were re-assessed on that date which resulted in a Loss of Rs 80,000. It  will be

Question : A, B and C are in partnership sharing profits and losses in the ratio of 5: 4: 1. Two new partners D and E are admitted. Profits are to be shared in the ratio of 3: 4: 2: 2:1 respectively. D is to pay Rs. 30,000 for his share of goodwill but E is unable to pay for goodwill.

Question :  Anil and Sunil are partners sharing profit and losses in the ratio of 3:2. They changed their profit-sharing ratio to 2:5 w.e.f 1st April 2002. The assets were revalued and liabilities were re-assessed on that date which resulted in a gain of Rs 80,000. It will be

Question : A, B and C were partners sharing profit and losses in the ratio of 7:3:2. From 1st April 2020 they decided to share profit and losses in the ratio of 8:4:3. Goodwill is Rs 2,40,000. In adjustment entry for goodwill 

Question : R, B and L were partners sharing profits and losses in the ratio of 8:4:3. From 1st January 2019 they decided to share profits and losses in the ratio of 7:3:2. Goodwill is Rs 60,000 adjustment entry for goodwill: