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Sadhu, Mahatma and Fakir are equal partners. Fakir wanted to retire for which value of goodwill is considered as Rs. 6,00,000. The necessary journal

 

Sadhu, Mahatma and Fakir are equal partners. Fakir wanted to retire for which value of goodwill is considered as Rs. 6,00,000. The necessary journal entry will be: A Sadhu's capital A/c Dr. Rs. 1,00,000, Mahatma's capital A/c Dr. Rs. 1,00,000, To Fakir's capital A/c Rs. 2,00,000 B C D Fakir's capital A/c Dr. 2,00,000, To Sadhu's capital A/c Rs. 1,00,000, To Mahatma's capital A/c Rs. 1,00,000 Sadhu's capital A/c Dr. Rs. 3,00,000, Mahatma's capital A/c Dr. Rs. 3,00,000, To Fakir's capital A/c Rs. 6,00,000 None of the above

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