Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Ekta, Jagniti and Kiran are partners sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March 2026, their Balance Sheet as under: 17 viewsAnurag Pathak Changed status to publish 4 hours ago[ISC] Retirement of Partner 0 Votes 1 Ans Karam and Rhea are partners for equal shares. They admit Paras as partner for 1/3 share. Goodwill, on admission is valued at 2,40,000 40 viewsAnurag Pathak Changed status to publish 1 day ago[ISC] Admission of Partner 0 Votes 1 Ans Lisa, Monika and Nisha were partners in a firm sharing profits & Losses in the ratio of 5 : 3 : 2. On 31st March 2023, their Balance Sheet was as follows: 6.84K viewsAnurag Pathak Changed status to publish 3 days agoAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Lisa, Monika and Nisha were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. On 31st March, 2019, their Balance Sheet was as follows: 14.67K viewsAnurag Pathak Changed status to publish 3 days ago[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Sajal and Kajal are partners sharing profits and losses in the ratio of 2 : 1. on 1st April 2022, their capitals were: Sajal ₹ 5,00,000 and Kajal ₹ 4,00,000 14.59K viewsAnurag Pathak Changed status to publish 3 days ago[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A and B are partners sharing profits and losses as 2 : 1. On 1st April, 2021 they admit C as a partner for 1/4th share who pays ₹ 4,50,000 as goodwill privately. On 1st April, 2022, they take D as a partner for 3/5th share who brings ₹ 4,00,000 as goodwill 3.34K viewsAnurag Pathak Changed status to publish 3 days agoDK Goel Admission of a Partner 0 Votes 1 Ans A and B carrying on business as partners used to share profits and losses thus; A 4/7ths and B 3/7ths, and goodwill appeared in the books of the firm at ₹ 2,80,000 when C was admitted as a partner having 1/7th share in profits and losses 2.87K viewsAnurag Pathak Changed status to publish 3 days agoDK Goel Admission of a Partner 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: 130 viewsAnurag Pathak Answered question June 30, 2026[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: 146 viewsAnurag Pathak Changed status to publish June 30, 2026[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 148 viewsAnurag Pathak Answered question June 30, 2026[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. 136 viewsAnurag Pathak Answered question June 30, 2026[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. 137 viewsAnurag Pathak Answered question June 30, 2026[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: 135 viewsAnurag Pathak Answered question June 30, 2026[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: 140 viewsAnurag Pathak Changed status to publish June 30, 2026[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 130 viewsAnurag Pathak Answered question June 30, 2026[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. 278 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: 268 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: 301 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: 251 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.) ₹ 3,25,000 289 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. 5.55K 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: 959 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: 985 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: 913 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 939 viewsAnurag Pathak Answered question May 9, 2026[CBSE] Admission of Partner 1 2 … 188 189 Question and answer is powered by anspress.net
