The capital of B and D are! 90,000 and! 30,000 respectively with the profit sharing ratio...

 

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The capital of B and D are! 90,000 and! 30,000 respectively with the profit sharing ratio 3: 1. They decide to change the ratio to 5: 3. On the date of change Goodwill is valued at! 84,000. B and Ds capital will be credited by A B C D 63,000 and 21,000 50,000 and 34,000 52,500 and 31,500 60,000 and 24,000 The capital of B and D are! 90,000 and! 30,000 respectively with the profit sharing ratio 3: 1. They decide to change the ratio to 5: 3. On the date of change Goodwill is valued at! 84,000. B and Ds capital will be credited by A B C D 63,000 and 21,000 50,000 and 34,000 52,500 and 31,500 60,000 and 24,000

Answer rating: 100% (QA)

Correct option is A In case of a change in profit sharing ratio the value of goodwill should be ... View the full answer