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34 -out of Ms Wisal and Ms. Salma are partners in a firm sharing profits and losses in the ratio of 53. They decided to

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34 -out of Ms Wisal and Ms. Salma are partners in a firm sharing profits and losses in the ratio of 53. They decided to admit M. Ameer into partnership with 1/4 share in profits. Ms. Ameera brings in OMR 30,000 for capital and the required amount of premium in cash. The goodwill of the time a OMR 20,000. The new profit sharing ratio is 2:1:1 1. Calculate Ms. Wisal's sacrificing ratio eston 18 81 2:4 None of the choices 2. Calculate Ms. Salma's sacrificing tatio? 3. If Ms Wisal and Ms. Salma withdraw their share of goodwill, pass the journal entry to show cash withdrawn by the partners

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