Practice free →
Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Retirement and Death of a Partner › A, B, C share 3:2:1. B exits; goodwill Rs. 60,00…

A, B, C share 3:2:1. B exits; goodwill Rs. 60,000. B's capital credited with?

ARs. 30,000
BRs. 20,000
CRs. 15,000
DRs. 10,000
Answer & Solution
Correct answer: B. Rs. 20,000
B holds 2/6 of the profits, and 2/6 of Rs. 60,000 is Rs. 20,000.
Solve this in the app — CBSE Class 12 (Commerce) practice & 24k+ MCQs →
Related questions