CA CPT Model Test Paper 5 with solutions for online practice

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Question : 24 of 200

Marks: +1, -0

A, B & C are equal partners. They wanted to change the profit sharing ratio into 4:3:2. Goodwill was value for Rs. 90,000 The effected accounts will be:

C's capital account debit and A's capital account credit with Rs.10,000.
B's capital account debit and A's capital account credit with Rs.10,000
C's capital account debit and B's capital account credit with Rs.10,000
A's capital account debit and C's capital account credit with Rs.10,000

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