Goodwill

for bringing g/w in cash:

  cash   dr.

       To new partner's cap a/c

for adjustment of gw:

new partner's capital a/c  dr.

     To old partner's cap a/c (in their sacrifising ratio)

when new partner brings his share of goodwill in cash ....which of the following journal entry is correct----->

cash a/c.......Dr

    To goodwill a/c

         OR

cash a/c      Dr

     To New Partner's capital a/c

its urgent