Question

P, Q, and R are partners in a firm sharing profits and losses in the ratio of $3:2:1$. R retires and the balance in his capital A/c after making necessary adjustments works out to be $₹\ 60,000$. However P and Q agreed to pay him $₹\ 75,000$ in full settlement of his claim. Then the amount to be debited to P's capital A/c would be:

• A. $₹9,000$
• B. $₹6,000$
• C. $₹15,000$
• D. $₹7,500$

Answer 1

Answer: (A)

$₹9,000$

Answer 2

The correct option is (A) :$₹9,000$