Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Kavya, Manya and Navita were partners sharing profits as 50%, 30% and 20% respectively. On 31-3-2016, their Balance sheet was as under: 1.06K viewsAnurag Pathak Changed status to publish 4 days agoDK Goel Retirement of a partner 0 Votes 1 Ans A, B and C were partners, sharing profits and losses in the ratio of 2 : 2 : 1. B retired on 31st March, 2023. on the date of his retirement, some of the assets and liabilities appeared in the books as follows: Creditors ₹ 70,000; Building ₹ 1,00,000; Plant and Machinery ₹ 40,000; Stock of Raw Materials ₹ 20,000; Stock of Finished Goods ₹ 30,000 and Debtors ₹ 20,000. 6.86K viewsAnurag Pathak Changed status to publish June 13, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Ankit, Bhanu, and Charu are partners in a firm sharing profits and losses equally with a capital of ₹ 2,50,000 9.47K viewsAnurag Pathak Changed status to publish May 15, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Parul, Paresh, and Rahul are partners in a firm. The firm gave a loan to Rahul on 1st February 2022 of ₹ 6,00,000 9.46K viewsAnurag Pathak Changed status to publish May 7, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Atul, Jetha, and Tarak are partners sharing profits equally. Jetha was given a loan by the firm on 1st July 2022 of ₹ 6,00,000 8.53K viewsAnurag Pathak Changed status to publish May 6, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Bat and Ball are partners sharing the profits in the ratio of 2 : 3 with capitals of ₹ 1,20,000 and ₹ 60,000 respectively 5.46K viewsAnurag Pathak Changed status to publish April 27, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Sita and Geeta are partners in a firm sharing profits in the ratio of 3:2. They had given a loan to the firm of ₹ 30,000 4.79K viewsAnurag Pathak Changed status to publish April 26, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Harshad and Dhiman are in partnership since April 01, 2019, No Partnership agreement was made 1.61K viewsAnurag Pathak Changed status to publish April 26, 2025[NCERT] Fundamentals 0 Votes 1 Ans Barun, Tarun, and Shivam are partners in a firm and do not have a partnership Deed. Barun introduced further capital of ₹ 5,00,000 on 1st October 2022. Whereas Shivam took a loan of ₹ 50,000 from the firm on 1st October 2022. Disputes have arisen among them on the following: 4.06K viewsAnurag Pathak Changed status to publish April 26, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans The following difference has arisen among P, Q, and R. State who is correct in each case: 2.77K viewsAnurag Pathak Changed status to publish April 25, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Mahesh, Ramesh, and Suresh are partners in a firm. They do not have a Partnership Deed. At the end of the first year of the Business, they faced the following problems: 2.84K viewsAnurag Pathak Changed status to publish April 25, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans In The absence of a Partnership Deed, State the provisions of the Partnership Act, 1932 relating to: 2.40K viewsAnurag Pathak Changed status to publish April 25, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans K, L and M were partners in a firm sharing profits in the ratio of 5 : 3 : 2. On 31.3.2021 the Balance Sheet of the firm was as follows: 1.10K viewsAnurag Pathak Answered question April 16, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Kanika, Disha and Kabir were partners sharing profits in the ratio 2 : 1 : 1. On 31-3-2016, their Balance sheet was as under: 1.03K viewsAnurag Pathak Answered question April 16, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Krish, Vrish and Peter are partners sharing profits in the ratio of 3 : 2 : 1. Vrish retired from the firm. On that date the balance Sheet of the firm was as follows:Krish, Vrish and Peter are partners sharing profits in the ratio of 3 : 2 : 1. Vrish retired from the firm. On that date the balance Sheet of the firm was as follows: 1.07K viewsAnurag Pathak Changed status to publish April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are in partnership sharing profits in the proportion of 3 : 2 : 1. There is no goodwill A/c in the books of the firm. As from 1st April, 2023, it was agreed that X should give only part of time 1.16K viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans L, M and O were partners in a firm sharing profits in 1 : 3 : 2 ratio. L retired and the new profit sharing ratio between M and O was 1 : 2. On L’s retirement the goodwill 1.01K viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners in a firm sharing profits in the ratio of 5 : 3 : 2. A retires and his share is taken up by B and C equally. Find the new profit sharing ratio and the gaining ratio. 1.04K viewsAnurag Pathak Changed status to publish April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans L, M, N and O are partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1 : 1. M and O decided to retire from the firm. The goodwill of the firm was valued at ₹ 3,60,000 964 viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Ravi, Mukesh, Naresh and Yogesh are partners in a firm sharing profits in the ratio of 2 : 2 : 1 : 1. On Mukesh’s retirement the goodwill of the firm is valued at ₹ 90,000 956 viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans M, N and O who are partners in a firm share profits in the ratio of 3 : 2 : 1. Goodwill has been valued at ₹ 60,000. On N’s retirement, M and O agree to share profits equally. 947 viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Alia, Karan and Shilpa were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Goodwill appeared in their books at a value of ₹ 60,000 and General Reserve at ₹ 20,000 971 viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners with capitals of ₹ 1,00,000; ₹ 75,000 and ₹ 50,000 respectively. On C’s retirement, his share is acquired by A and B in the ratio of 6 : 4. Ascertain new profit sharing ratio and gaining ratio 984 viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners with capitals of ₹ 1,00,000; ₹ 75,000 and ₹ 50,000 respectively. They share profits and losses in the ratio of their capital. C retires 1.01K viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners sharing profits and losses equally. B dies. A and C agree to share future profits in the ratio of 7 : 5. Calculate the gaining ratio 1.04K viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 1 2 … 173 174 Question and answer is powered by anspress.net
