8 yet wered red out of Ms. Wisal and Ms. Salma are partners in a firm sharing profits and losses in the ratio of 5:3. They decided to admit Ms. Ameera 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 firm is valued at OMR 20,000. The new profit sharing ratio is 2:1:1. 1. Calculate Ms. Wisal's sacrificing ratio Hag question 24 8:1 None of the choices 18 2. Calculate Ms. Salma's sacrificing ratio? . 3. If Ms. Wisal and Ms. Salma withdraw their share of goodwill pass the journal entry to show cash withdrawn by the partners . o - G 0 ENG 12 1411M 4/14 C HTV9 TV tion 1. Calculate Ms. Wisal's sacrificing ratio? 2. Calculate Ms. Salma's sacrificing ratio? 8:1 None of the choices 1.8 124 3. If Ms. Wisal and Ms. Salma withdraw their share of goodwill, pass the journal entry to show cash withdrawn by the partners. THE o G C 1. Calculate Ms. Wisal's sacrificing ratio? P 2. Calculate Ms. Salma's sacrificing ratio? . 3. If Ms. Wisal and Ms. Salma withdraw their share of goodwill, pass the journal entry to show cash withdrawn by the partners None of the choices Dr.Ms. Wisal A/C OMR 3500 Dr. Ms. Salma A/C OMR 1500 Cr Cash A/C OMR 5000 Dr.Ms. Wisal A/C OMR 2500 Dr. Ms. Salma A/C OMR 2500 Gr.Cash A/C OMR 5000 Dr.Ms. Wisal A/C OMR 2000 Dr. Ms. Ameera's A/C OMR 3000 Cr Cash A/C OMR 5000 EPIC A