A)
(a)
Ejaz Capital A/c ……… Dr.
30,00,000
To Sania’s Capital A/c
30,00,000
(Being ……………….)
B)
(b)
Premium for Goodwill A/c ……… Dr.
30,00,000
To Sania’s Capital A/c
30,00,000
(Being ……………….)
C)
(c)
Premium for Goodwill A/c ……… Dr.
30,00,000
To Reyan’s Capital A/c
8,33,333
To William’s Capital A/c
8,33,333
To Ejaz’s Capital A/c
13,33,333
(Being ……………….)
D)
(d)
Premium for Goodwill A/c ……… Dr.
30,00,000
To Reyan’s Capital A/c
10,00,000
To William’s Capital A/c
10,00,000
To Ejaz’s Capital A/c
10,00,000
(Being ……………….)
Correct Answer: B
Solution :
(b) | Premium for Goodwill A/c ……… Dr. | 30,00,000 | |
To Sania’s Capital A/c | 30,00,000 | ||
(Being ……………….) |
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