CUET Accountancy - Gobind, Hari and Pratap are partners. On retirement of Gobind, the goodwill already appears in the Balance Sheet at Rs. 24,000. The goodwill will be written-off - | PYQs + Solutions

CUET Accountancy 2025 27 May Shift 1

Partnership

Medium

common

by debiting all partners' capital accounts in their old profit sharing ratio.

by debiting remaining partners' capital accounts in their new profit sharing ratio.

by debiting retiring partners' capital accounts from his share of goodwill

by debiting retiring partners' capital accounts in gaining ratio

✅ Correct Option: 1

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CUET Accountancy 2025 27 May Shift 1 PYQs

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