Vaibhav's Share of Goodwill = Firm's Goodwill His Profit Share
24,000 will be borne by gaining partners in gaining ratio.
Since, nothing is specified; it is assumed that continuing partners gain in their old profit sharing ratio of 2:2WN2: Calculation of Share of Debit balance in P&L A/cWN3: Calculation of Share in Profit (earned during the year)
WN 4: Calculation of Amount transferred to Vaibhav's Executor A/c
Amount due to Vaibhav = Capital + Credit Items - Debit Items
=3,80,000 + 24,000 - 10,000 + 11,250=4,05,250