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Mr. Ahmmed and Mr. Badhar are partners in a firm sharing profits and losses in the ratio of 3 : 2. They admit Mr. Shan
Mr. Ahmmed and Mr. Badhar are partners in a firm sharing profits and losses in the ratio of 3 : 2. They admit Mr. Shan into partnership for 1/5th share. Mr. Shan brings in OMR 30,000 as capital and OMR 10,000 as goodwill. At the time of admission of Mr. Shan, goodwill appears in the Balance Sheet of Mr. Ahmmed and Mr. Badar at OMR 3,000. The new profit-sharing ratio of the partners will be 5:3 : 2. How much amount of goodwill will be transferred to partners capital account
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