Question 2 Study the scenario and complete the questions that follow: A and B Partners A and B are partners and share profits and losses in the ratio of 2:3 respectively. C is admitted as a partner and it is agreed that he should pay R60 000 for his one-third interest in the partnership and that goodwill will be shown in the books of the partnership. The capital will be in the same ratio as profitsharing. At the date of C's admission, A and B's capital is R40 000 and R60 000 respectively. At the same date, the favourable bank balance amounts to R10 000 and other tangible assets to R90 000 . Source: Waka, L. 2023 Required 2.1 Calculate goodwill according to the formulae for calculating goodwill in partnerships. (5 Marks) 2.2 Journalize the allocation of goodwill to partners