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A and B are partners sharing profits in the ratio of 3 : 2. They admit C into the partnership with \(\frac{1}{4}\)th share in future profits. The new profit sharing ratio is 5 : 4 : 3. The firm’s goodwill on C’s admission was valued at ₹1,44,000. But C could not bring any amount for goodwill in Cash. Credit will be given to :

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A and B are partners sharing profits in the ratio of 3 : 2. They admit C into the partnership with \(\frac{1}{4}\)th share in future profits. The new profit sharing ratio is 5 : 4 : 3. The firm’s goodwill on C’s admission was valued at ₹1,44,000. But C could not bring any amount for goodwill in Cash. Credit will be given to :






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