Q. X, Y and Z are partners sharing profits in the ratio of 2 : 3 : 5. Goodwill already appearing in their books at a value of ₹60,000. X retires and Yand decided to share future profits equally. Journal entry w ill be :
✅ Correct Answer: (D)
Xs Capital A/c Dr. 12,000 Fs Capital A/c Dr. 18,000 Z’s Capital A/c Dr. 30,000