If the incoming partner is to bring premium for goodwill in cash and also a balance exits in goodwill Account, then this goodwill Account is written off among old partners in 

The goodwill shown in the balance sheet is shared among the partners in the old profit sharing ratio sacrificing ratio is used to share the goodwill to be brough in by the new partner.

New profit sharing ratio is used to reconstitute the capital of the firm if it is decided by the partners to make it proportionate to their profit showing ratio.