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 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 are partners sharing profits in the ratio of 3: 4: 3: 2, On the retirement of C, the goodwill was valued at Rs. 6,00,000. A, B and D decided to share future profits equally. C's capital account will be ....

Option 1: Debited by 1,50,000

Option 2: Credited by Rs 1,50,000

Option 3: Debited by Rs 6,00,000

Option 4: Credited by Rs 6,00,000

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.

Option 1: Debit C and D by Rs. 1,00,000 each and Credit A by Rs.50,000 and B by Rs. 1,50,000.

Option 2: Debit C and D by Rs. 50,000 each and Credit A by Rs.50,000 and B by Rs. 50,000

Option 3: Debit A and B by Rs. 1,00,000 each and Credit C by Rs.50,000 and B by Rs. 1,50,000.

Option 4: None of the above.