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Goodwill of Rs. 12,000 in books is written off; Srikant and Raman share 3:2. Srikant's capital is debited by?
ARs. 6,000
BRs. 7,200
CRs. 4,800
DRs. 12,000
Answer & Solution
Correct answer: B. Rs. 7,200
The write-off is shared in the old ratio, so Srikant bears 3/5 of 12,000 = 7,200.
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