Anu, Manu, Tanu and Kanu were partners in a firm sharing profits and losses in the ratio of 2: 1: 2: 1. They decided to share profits and losses in…

Sacrificed Share = Old share – New share Anu $\displaystyle 2$/$\displaystyle 6$ - $\displaystyle 4$/$\displaystyle 10$ = ($\displaystyle 1$/$\displaystyle 15$) Gain Manu $\displaystyle 1$/$\displaystyle 6$ – $\displaystyle 2$/$\displaystyle 10$ = ( $\displaystyle 1$/$\displaystyle 30$) Gain Tanu $\displaystyle 2$/$\displaystyle 6$ – $\displaystyle 3$/$\displaystyle 10$ = $\displaystyle 1$/$\displaystyle 30$ Sacrifice Kanu $\displaystyle 1$/$\displaystyle 6$ – $\displaystyle 1$/$\displaystyle 10$ = $\displaystyle 1$/$\displaystyle 15$ Sacrifice Books of Anu, Manu, Tanu and Kanu Journal Debit Credit Date Particulars L.F Amount Amount (₹) (₹) $\displaystyle 2022$ General Reserve A/c Dr. $\displaystyle 36,000$ April $\displaystyle 1$ To Anu’s Capital A/c $\displaystyle 12,000$ To Manu’s Capital A/c $\displaystyle 6,000$ To Tanu’s Capital A/c $\displaystyle 12,000$ To Kanu’s Capital A/c $\displaystyle 6,000$ (General reserve distributed in old ratio) ,, Anu’s Capital A/c Dr. $\displaystyle 8,000$ Manu’s Capital A/c Dr. $\displaystyle 4,000$ To Tanu’s capital A/c $\displaystyle 4,000$ To Kanu’s Capital A/c $\displaystyle 8,000$ (Goodwill adjusted on change in profit sharing ratio )