Neetu, Meetu and Teetu were partners in a firm. On 1stJanuary, 2018, Meetu retired. On Meetu's retirement the goodwill of the firm was valued at ₹4,20,000. Pass necessary journal entry for the treatment of goodwill on Meetu's retirement.
Share of Chaman=
Share acquired from Amit=
Share acquired from Beena = Share of Chaman Acquired from Amit =