Adjustments for revaluation loss and goodwill on admission Steps:

• Share $8,000 revaluation loss equally (old 1:1 ratio): debit Y's capital$4,000.
• Raise goodwill of $9,000: credit old partners' capitals equally, so credit Y$4,500.
• Write off goodwill in new 3:2:1 ratio: debit Y's capital 2/6 × $9,000 =$3,000.
• Total for Y: debits $4,000 +$3,000 = $7,000; credit$4,500. Why D is correct:
• Matches the net entries to Y's capital from revaluation loss (old ratio) and goodwill raise/write-off (old then new ratios), as goodwill is not retained. Why the others are wrong:
• A: Uses half goodwill values, ignoring full revaluation loss and write-off debit.
• B: Assumes $10,000 goodwill and$5,000 loss share, not matching given figures.
• C: Incorrectly combines loss and write-off without full goodwill credit to Y.

Final answer: D