On the admission of Ritu, goodwill of Murthy and Shah is valued at Rs. 30,000. Ritu is to get 1/4^th share of profits. Previously Murthy and Shah shared profits in the ratio of 3:2. Ritu is unable to bring premium for goodwill. Give Journal entries in the books of Murthy and Shah when:

1. Goodwill does not exist in the books; and
2. Goodwill exists in the books at Rs. 10,000.