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Anu and Bhagwan were partners in a firm sharing profits in the ratio of 3 : 1. Goodwill appeared in the books at Rs. 4,40,000. Raja was admitted to the partnership. The new profit-sharing ratio among Anu, Bhagwan and Raja was 2 : 2 : 1. Raja brought Rs. 1,00,000 for his capital and necessary cash for his goodwill premium. Goodwill of the firm was valued at Rs. 2,50,000. Record necessary Journal entries in the books of the firm for the above transactions.