Partners A, B and C share profit in the ratio 4:3:2. On dissolution, goodwill is valued at Rs. 2,40,000 and is to be adjusted in the outgoing partners' capital accounts in the profit‑sharing ratio. How much goodwill will be credited to partner B’s capital account?

Step-by-step solution

1. Total profit‑sharing parts = 4 + 3 + 2 = 9 parts.
2. Partner B’s share = 3 parts out of 9 = 3/9 = 1/3.
3. Goodwill to be allocated to B = 1/3 × 2,40,000 = Rs. 80,000.
4. Thus, Rs. 80,000 is credited to B’s capital account.

Concept tested: Adjustment of goodwill on dissolution

Published 25 September 2026 · How this solution was prepared and checked