Old ratio of Anu, Manu and Vina = 3:2:1 Calculation of gaining ratio.
Anu’s share taken over by Manu
= \(\frac{3}{6} \times \frac{3}{5} = \frac{9}{30}\)
Anu’s share taken over by Vinu
= \(\frac{3}{6} \times \frac{2}{5} = \frac{6}{30}\)
∴ Gaining ratio = \(\frac{9}{30} : \frac{6}{30}\)
New ratio = Old ratio + gaining ratio
New ratio of Manu = \(\frac{2}{6}+ \frac{9}{30} = \frac{10+9}{30} = \frac{19}{30}\)
New ratio of Vinu = \(\frac{1}{6} + \frac{6}{30} = \frac{5+6}{30} = \frac{11}{30}\)
New ratio = 19 : 11
Total goodwill of the firm = 1,20,000
Anus share of goodwill = 1,20,000 x 3/6 = 60,000
Manu’s capital Dr. 36,000
Vin us capital Dr. 24,000
To Anus capital 60,000
(Being goodwill adjusted in the gaining ratio)
The amount due Anu can be paid in cash at the time of his retirement or amount can be transferred to his loan account or it can be partly paid in cash and the balance amount can be transferred to his loan account.
