Partner O is an outgoing partner in a firm where goodwill is valued at Rs. 1,50,000 and is to be adjusted in the outgoing partners’ capital accounts in the profit‑sharing ratio 4:3:2. How much goodwill will be credited to O’s capital account?

Step-by-step solution

1. Find the total ratio sum: $4+3+2=9$.
2. Determine O’s share: $\frac{2}{9}$ of goodwill.
3. Compute the amount: $1,50,000\times \frac{2}{9}=33,333.33$.

Concept tested: Goodwill adjustment for outgoing partner

Published 4 October 2026 · How this solution was prepared and checked