Question : Y, V and K are partners sharing profits and losses in the ratio of 2: 2: I. V died, and at that time goodwill of the firm was valued at Rs. 30,000. The contribution to be made by Y and K, I in order to pay off V is __________and ___________ respectively.

Option 1: Rs 4,000 and Rs 8,000

Option 2: Rs 8,000 and Rs 4,000

Option 3: Rs 10,000 and Rs 5,000

Option 4: None of the above

Question : Y, V and K are partners sharing profits and losses in the ratio of 2: 2: I. V died, and at that time goodwill of the firm was valued at Rs. 30,000. The contribution to be made by Y and K, I in order to pay off V is __________and ___________ respectively.

Question : J, M and R are sharing profits and losses equally. R retires and the goodwill is appearing in the books at Rs. 30,000. Goodwill of the firm is valued at Rs. 1,50,000. Calculate the net amount to be credited to R's Capital A/c.

Question : A, M and R are partners sharing profit and losses in the ratio of 2:2:1. M retired from the firm. At that time goodwill of the firm was valued at Rs. 30,000. What contribution has to be made by A and R to pay M?

Question : B, K and P are partners sharing profits in the ratio of 2:3:4. P died on 31^st March 2012 and for this purpose, goodwill is valued at one and half year’s purchase of average super profits of the last three years.
Profits for the last three years are

Question : X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership with 1/5th share in profits which he acquires equally from X and Y. Z brings in Rs.40,000 as goodwill in cash. Goodwill amount will be credited to -