A and B are partners sharing profit and losses in the ratio of 3:2. C is admitted as a new partner for 1/4th share. C brings RO. 25,000 as his Capital and necessary amount of his share of goodwill in cash. Total goodwill of the firm is RO. 70,000. Goodwill already appears in the Balance Sheet of A and B is RO. 25,000. You are required to choose the correct journal entry for the amount of Capital and Goodwill brought in by C. O a. Cash A/c Dr. RO.42,500 C's Capital A/c Cr. RO.25,000 Premium A/c Cr. RO.17,500 O b. None of the other options O c. Cash A/c Dr. RO.70,000 C's Capital A/C Cr. RO.25,000 Premium A/c Cr. RO.45,000 O d. C's Capital A/c Dr. RO.42,500 Premium A/c Cr. RO.25,000 Cash A/C Dr. RO.17,500