Question 5 Not yet answered Marked out of 3.00 Ms. Wisal and Ms. Salma are partners in a firm sharing profits and losses in the ratio of 3:2. They decided to admit Ms. Ameera into partnership with 1/5 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. Flag question 1. Calculate Ms. Wisal's sacrificing ratio? 20:3 2:20 20:2 3:20 2. Calculate Ms. Salma's sacrificing ratio? Question 5 Not yet answered Marked out of 3.00 Ms. Wisal and Ms. Salma are partners in a firm sharing profits and losses in the ratio of 3:2. They decided to admit Ms. Ameera into partnership with 1/5 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. P Flag question 1. Calculate Ms. Wisal's sacrificing ratio? 2. Calculate Ms. Salma's sacrificing ratio? 2:20 20:2 3:20 20:3 o 3. If Ms. Wisal and Ms. Salma withdraw their share of goodwill, pass the journal entry to 1439 GOENG 1402021 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 Salma withdraw their share of goodwill , pass the journal entry to show cash withdrawn by the partners. Dr.Ms. Wisal A/C OMR 1600 Dr. Ms. Salma AC OMR 2400 Cr.Cash A/C OMR 4000 Dr.Ms. Wisal A/C OMR 1600 Dr. Ms. Ameera's A/C OMR 2400 Cr.Cash A/C OMR 4000 Dr.Ms. Wisal A/C OMR 2400 Dr. Ms. Salma A/C OMR 1600 Cr Cash AVC OMR 4000 None of the choices