4. J, F and M are in partnership sharing profits and losses in the ratio 3:2:1. M retired and left J and F to continue running the business. The new profit-sharing ratio is 3:2. Goodwill is valued at $9000. The entries to adjust goodwill in the capital accounts are

A. Debit J with $900, debit F with $600 and credit M with $1500.

B. Credit J with $900, debit F with $600 and debit M with $1500.

C. Debit J with $900, credit F with $600 and debit M with $1500.

D. Credit J with $900, credit F with $600 and credit M with $1500.