Q1312
X and Y are partners sharing profits and losses in 3 : 1. They admitted Z in the partnership and he bring Rs. 8,000 as his share of goodwill. New profit sharing ratio between X, Y and Z is 2 : 1 : 1, goodwill will be distributed to.
A.
X and Y Rs. 6,000 and Rs. 2,000 respectively
B.
X and Y Rs. 4,000 each
C.
Only X
AnswerD.
Only Y
Answer: Option C
Solution
Answer: Option C
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