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Mc Ameen, Mr. Hassan and Mr. Shamseer are partners sharing profits in the ratio of 3-2:1. Mr. Ameen retirus, and his states taken up by

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Mc Ameen, Mr. Hassan and Mr. Shamseer are partners sharing profits in the ratio of 3-2:1. Mr. Ameen retirus, and his states taken up by Mr. Hassan and Mr. Shamseer in the ratio of 3:2. Goodwill of the firm is valued on that date OMR 27,000. 1.Calculate the new profit-sharing ratio of Mr. Hassan and Mr. Shamseer. e 2.If a goodwill of OMR 9,000 already appears in the books, at the time retirement of Mr. Ameen, the journal entry recorded will be: 3.Pass the journal entry in the books to write off existing amount of goodwill, BO TOSHIBA

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