Q. P and Q were partners sharing profits and losses in the ratio of 3 : 2. They decided that with effect from 1st January, 2019 they would share profits and losses in the ratio of 5 : 3. Goodwill is valued at ? 1,28,000. In adjustment entry :
✅ Correct Answer: (D)
Dr. P by ₹3,200 Cr. Q by ₹3,200