Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Ajay, Vijay and Sanjay were partners in a firm sharing profits in the ratio of 5: 3: 2. Ajay died on 20th February, 2026. The Balance Sheet of the firm on that date was as follows: 35 viewsAnurag Pathak Answered question 1 day ago[CBSE] Death of Partner 0 Votes 1 Ans Karan, Prateek and Umang were partners in a firm sharing profits in the ratio of 2: 2: 1. On 31st March, 2025, their Balance Sheet was as follows: 34 viewsAnurag Pathak Changed status to publish 1 day ago[CBSE] Death of Partner 0 Votes 1 Ans Adil, Bunty and Cris are in partnership sharing profits 4/8, 3/8 and 1/8 respectively. It is provided in the Partnership Deed that on the death of any partner his share of goodwill is to be valued at one-half of the net profit credited to his account during the last four completed years 29 viewsAnurag Pathak Answered question 1 day ago[CBSE] Death of Partner 0 Votes 1 Ans Gini, Bini and Mini were partners sharing profits in the ratio of 4 : 3 : 2. Gini died, Bini and Mini will share profits in the ratio of 2 : 1. Determine the gaining ratio. 30 viewsAnurag Pathak Answered question 1 day ago[CBSE] Death of Partner 0 Votes 1 Ans Ajay, Vijay and Saurav were partners sharing profits in the ratio of 1/2, 2/5, and 1/10. Find the new profit-sharing ratio of the remaining partners if Saurav dies. 26 viewsAnurag Pathak Answered question 1 day ago[CBSE] Death of Partner 0 Votes 1 Ans Ram, Mohan and Sohan were partners sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2025, their Balance Sheet was: 35 viewsAnurag Pathak Answered question 1 day ago[CBSE] Death of Partner 0 Votes 1 Ans Balance Sheet of Somesh, Rahul and Kamlesh, who were sharing profits in the ratio of 3 : 3 : 4 respectively as on 31st March, 2025 was as follows: 26 viewsAnurag Pathak Changed status to publish 1 day ago[CBSE] Death of Partner 0 Votes 1 Ans Chandni, Bhanu, and Garima were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. The firm closes its books on 31st March every year 23 viewsAnurag Pathak Answered question 1 day ago[CBSE] Death of Partner 0 Votes 1 Ans You are given the Bank Pass Book and Cash Book (Bank Column only) of Goodwill Trading Co. for the month of March, 2026. You are required to prepare Amended Cash Book and thereafter prepare Bank Reconciliation Statement reconciling the entries in Amended Cash Book with the Bank Pass Book. 218 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans From the following information, find out corrected bank balance as per the Cash Book and thereafter prepare Bank Reconciliation Statement as on 31st March, 2026 of a sole proprietor: 214 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans From the following particulars, ascertain the bank balance as per the Pass Book as on 31st March, 2026 (a) without correcting the Cash Book balance and (b) after correcting the Cash Book balancе: 228 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans From the following information given by Anil, prepare the Bank Reconciliation Statement as on 31 st March, 2026 after amending the Cash Book on that date: 199 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans From the following information as on 31st March, 2026, prepare Bank Reconciliation Statement after making necessary amendments in the Cash Book: Bank balance as per Cash Book (Dr.) ₹ 3,25,000 236 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans Ramesh, Mahesh, and Suresh are partners since 1st April 2022 but do not have a Partnership Deed. 5.49K viewsAnurag Pathak Changed status to publish May 15, 2026[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Aryan and Adya were partners in a firm sharing profits and losses in the ratio of 3: 1. Their Balance Sheet on 31st March, 2024 was as follows: 856 viewsAnurag Pathak Answered question May 10, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Shubhi and Revanshi were partners in a firm sharing profit and losses in the ratio fo 3 : 2. Their Balance sheet as at 31st March, 2023 was as follows: 881 viewsAnurag Pathak Changed status to publish May 10, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Anshu and Vihu were partners in a firm sharing profits and losses in the ratio of 3 : 2. Their Balance sheet as at 31st March, 2023 was as follows: 807 viewsAnurag Pathak Changed status to publish May 10, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Gini, Bini and Mini are equal partners with capitals of ₹ 15,000; ₹ 17,500 and ₹ 20,000 respectively. They agree to admit Vini into equal partnership upon payment in cash ₹ 15,000 for 1/4th share of the goodwill 841 viewsAnurag Pathak Answered question May 9, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Sunny and Ujjwal were partners in a firm sharing profits and losses in the ratio of 3:2. On 1st April, 2024, Timmy was admitted as a new partner for a 1/5th share in profits which he acquired equally from Sunny and Ujjwal 739 viewsAnurag Pathak Answered question May 9, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Aruna and Karuna were partners in a firm sharing profits and losses in the ratio of 3:2. They admitted Varuna as a partner for 3/7th share of the profit and the new profit-sharing ratio will be 2 : 2 : 3 708 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Sana and Rajesh were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted Sonu into partnership for 1/5th share in the profits of the firm 674 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Rajan and Mukul are partners sharing profits and losses in the ratio of 4: 1. They admit Mayank and decide that the profit-sharing ratio between Mukul and Mayank be the same as existing between Rajan and Mukul 734 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans The Partners of a firm, Alia, Bhanu, and Chand distributed the profits for the year ended 31st March 2017. ₹ 8,00,000 in the ratio of 3:3:2 without providing for the following adjustments: 13.56K viewsAnurag Pathak Changed status to publish April 18, 2026[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Paras, Pawan and Raman are partners sharing profits in the ratio of 3: 2: 1. Raman is guaranteed annual profit of 75,000 861 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Aman, Raj and Suresh were partners in a firm sharing profits and losses in the ratio of 5: 3: 8. Suresh was guaranteed a minimum profit of 5,00,000 per year 944 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 1 2 … 188 189 Question and answer is powered by anspress.net
