Hem and Nem are partners in a firm sharing profits in the ratio of 3:2. Their capitals were Rs. 80,000 and Rs. 50,000 respectively. They admitted Sam on Jan. 1, 2025 as a new partner for 1/5 share in the future profits. Sam brought Rs. 60,000 as his capital and does not bring his share of goodwill in cash. Choose the correct journal entry from the following:

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Sam's Current A/c Dr.		34,000
	To Hem's Capital A/c			20,400
	To Nem's Capital A/c			13,600

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Sam's Current A/c Dr.		22,000
	To Hem's Capital A/c			13,200
	To Nem's Capital A/c			8,800

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Sam's Capital A/c Dr.		22,000
	To Hem's Capital A/c			13,200
	To Nem's Capital A/c			8,800

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Sam's Current A/c Dr.		22,000
	To Hem's Current A/c			13,200
	To Nem's Current A/c			8,800

Excess value of net assets over purchase consideration at the time of purchase of business is credited to

Vandana and Megha are partners sharing profits in the ratio of 4:3. They admit Gurisha as a new partner for 1/10th share in the future profits of the firm which she gets equally from Vandana and Megha. Calculate new profit sharing ratio of Vandana, Megha and Gurisha.

In this case, Normal profit is -

Which of the following is not the main factors affecting the value of Goodwill?

Kim and Sim are partners in a firm sharing profits in 4:3 ratio. They admitted Pim as a new partner for 1/4 share in the profits, which he acquired in the ratio of 3:2 from Kim and Sim. Determine the new profit sharing ratio of the partners.

Sudip and Sudipth are partners in a firm sharing profits in the ratio 2:1. Subhodh is admitted into the firm with 1/5 share in profits. He brings in Rs. 3,60,000 as capital and capitals of Sudip and Sudipth are to be adjusted in the profit sharing ratio. New capital of Sudip and Sudipth will be: