30 :- A and B are partners in a business sharing profits and losses in the ratio of 1/3rd and 2/3rd. On 1st April, 2025, their capitals were Rs 80,000 and Rs 1,00,000 respectively. On that date, they admit C in partnership and give him 1/4th share in the future profits. C brings Rs 80,000 as his capital and Rs 60,000 as goodwill. The amount of goodwill is withdrawn by the old partners in cash. Pass the journal entries and show the capital Accounts of all the partners. Calculate proportion in which partners would share partners would share profits and losses in future.
31 :- A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admitted C as a new partner for 3/7th share in the profit and the new profit sharing ratio will be 2 : 2 : 3. C brought Rs 2,00,000 as his capital and Rs 1,50,000 as premium for goodwill. Half of their share of premium was withdrawn by A and B from the firm.
Calculate sacrificing ratio and pass necessary Journal entries for the above transactions in the books of the firm.
32 :- Mahesh and Suresh were partners in a firm sharing profits and losses in the ratio of 2 : 1. They decided to admit Nita into partnership with 1/4th share in the profits. Nita brought Rs 2,00,000 for her capital and the requisite amount of goodwill premium in cash. The goodwill of the firm is valued at Rs 12,00,000. The new profit sharing ratio of the partners is 2 : 1 : 1. Mahesh and Suresh withdraw their share of goodwill.
Pass necessary Journal entries in the books of the firm for the above transactions.