X and Y are partners sharing profits and losses in 3 : 1. They admitted Z in the partnership and he bring Rs. 8,000 as his share of goodwill. New profit sharing ratio between X, Y and Z is 2 : 1 : 1, goodwill will be distributed to.
A. X and Y Rs. 6,000 and Rs. 2,000 respectively
B. X and Y Rs. 4,000 each
C. Only X
D. Only Y
Answer: Option C

Join The Discussion