Question : A, B, C and D were partners sharing profits in the ratio of 5:3:2:2. B died on 1st March 2018. The goodwill of the firm was valued at Rs. 6,00,000. A, C and D decided to share future profits equally.
Q. C’s capital account will be ----

Option 1: Debited by Rs 50,000

Option 2: Credited by Rs 1,50,000

Option 3: Debited  by Rs 1,50,00

Option 4: Debited by Rs 1,00,000

Question :

A, B, C and D were partners sharing profits in the ratio of 5:3:2:2. B died on 1st March 2018. The goodwill of the firm was valued at Rs. 6,00,000. A, C and D decided to share future profits equally.
Q. D’s capital account will be ----

Option 1: Debited by Rs 50,000

Option 2: Credited by Rs 1,50,000

Option 3: Debited by Rs 1,50,000

Option 4: Debited by Rs 1,00,000

Question : A, B, C and D were partners sharing profits in the ratio of 5 : 3 :2 :2. B died on 1st March, 2018. Goodwill of the firm was valued at Rs. 6,00,000. A, C and D decided to share future profits equally.
Q. B’s capital account will be -------

Option 1: Debited by Rs 50,000

Option 2: Credited by Rs 1,00,000

Option 3: Debited  by Rs 1,50,000

Option 4: None  of the above

Question : A, B, C and D were partners sharing profits in the ratio of 5:3:2:2. B died on 1st March 2018. The goodwill of the firm was valued at Rs. 6,00,000. A, C and D decided to share future profits equally.
Q. A's capital account will be    --------

Option 1: Credited by Rs 50,000

Option 2: Debited by Rs 1,00,000

Option 3: Credited by Rs 1,00,000

Option 4: Debited by Rs 50,000

Question : A, B, C and D are partners sharing profits in the ratio of 1:4:3:2. D died on 15th December 2021 and the goodwill is valued at Rs.2,00,000. D's share of goodwill is to be adjusted into the capital accounts of A, B and C who decide to share future profits in the ratio of 4:3:3. Choose the correct journal entry.

Option 1: A debited by Rs 60,000 and debited B by Rs 20,000 and credited D by Rs 80,000

Option 2: Debited A by Rs 60,000 and credited B by Rs 20,000 and credited D by Rs 40,000

Option 3: Debited A by Rs 40,000 and B debited by Rs 40,000 and Credited D by Rs 80,000

Option 4: None of the above