question_answer

A and B are partners sharing profits in the ratio of 3:2. They decided to admit C as a new partner and new profit sharing ratio is 2:1:2. C could not bring his share of goodwill. The firm's goodwill was calculated on the date of admission Rs. 10,000. Identify the correct journal entry:

A)

(a)	C's Current A/c		Dr.	4,000
		To A's Capital A/c			2,000
		To B's Capital A/c			2,000

B)

(b)	C's Capital A/c		Dr.	10,000
		To A's Capital A/c			6,000
		To B's Capital A/c			4,000

C)

(c)	A's Capital A/c		Dr.	2,000
	B's Capital A/c		Dr.	2,000
		To C's Capital A/c			4,000

D)

(d)	A's Capital A/c		Dr.	6,000
	B's Capital A/c		Dr.	4,000
		To C's Capital A/c			2,000