question_answer

Which of the following entry is not correct regarding the Goodwill?

A)

(a)	Cash A/c	Dr.	3,24,000
	Furniture A/c	Dr.	6,000
	To Yuvraj’s Capital A/c			3,00,000
	To Premium for Goodwill A/c			40,000

 

B)

(b)	Premium for goodwill	Dr.	40,000
	To Vinod’s Capital A/c			30,000
	To Mayank’s Capital A/c			10,000

 

C)

(c)	Yuvraj’s Current A/c	Dr.	20,000
	To Vinod’s Capital A/c			10,000
	To Mayank’s Capital A/c			10,000

 

D)

(d)	Yuvraj’s Current A/c	Dr.	20,000
	To Vinod’s Capital A/c			15,000
	To Mayank’s Capital A/c			5,000