1.

If the question shows partners old ratio and the new partner ratio and also given that they share will be contributed by them in the given ratio. Ex- A, B, C are partners sharing profits and losses in the ration of 3:2:5. They admit D and give him 1/4th share. This share is contributed by them in the ratio of 1:1:3. ANS- As sacrifice= 1/4 X 1/5 = 1/20 , Bs sacrifice=1/4 x 1/5=1/20, Cs sacrifice = 1/4 X 3/5=3/20 , After then As new share= 3/10-1/20=5/20, Bs new share =2/10-1/20=3/20, Cs new share =5/103/20=7/20 ,Ds new share = 1/4 X 5/5=5/20. The answer is complete. 2. In this question when the sacrificing ratio of a partner is negative just like (9/10) or -9/10 then the negative partner will also pay the sacrificing partner in case of premium of goodwill. That means the new partner and sacrificing partner have to pay to the sacrificing partner. For ex. A, B, and C are in partnership sharing profits and losses in the ratio of 5:4:1. D and E joins. The profits are now to be shared in the ratio of 3:4:2:2:1. D is to pay 30000 and E is not able to pay premium for goodwill .Both partners capital is 40000. Ans. Bank A/c Dr. 110000 To Ds Capital A/c and Es 80000 To Premium for Goodwill A/c 30000 Cs Capital A/c Dr 12,000 Ds Capital A/c Dr.15000 Premium for goodwill A/c Dr. 30000 To As Capital A/c 45000 To Bs Capital A/c 12000