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Asha and Nisha are partner’s sharing profits in the ratio of 2:1. Kashish was admitted for 1/4 share of which 1/8 was gifted by Asha. The remaining was contributed by Nisha.
Goodwill of the firm is valued at ₹ 40,000. How much amount for goodwill will be credited to Nisha’s Capital account?
(A) ₹2,500.
(B) ₹5,000.
(C) ₹20,000.
(D) ₹ 40,000

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Correct option is (B) ₹5,000

Explanation:

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