Ask question Search Order By: ActiveCategoryClear Filter 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 3.91K viewsAnurag Pathak Changed status to publish 4 minutes ago[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 822 viewsAnurag Pathak Changed status to publish 56 minutes ago[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: 3.06K viewsAnurag Pathak Changed status to publish 7 hours ago[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: 1.90K viewsAnurag Pathak Changed status to publish 1 day ago[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: 1.94K viewsAnurag Pathak Changed status to publish 1 day ago[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: 1.35K viewsAnurag Pathak Changed status to publish 2 days ago[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: 154 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: 158 viewsAnurag Pathak Answered question April 16, 2025DK Goel Retirement of a partner 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: 174 viewsAnurag Pathak Answered question April 14, 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: 167 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 183 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 173 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. 174 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 ₹ 3,60,000 163 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 ₹ 90,000 162 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. 167 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 ₹ 20,000 154 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 148 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 147 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 138 viewsAnurag Pathak Answered question April 14, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Suman, Shubham and Siya were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. Shubham retired from the firm and Suman and Siya decided to continue the business 168 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans H, P and S were partners in a firm sharing profits in the ratio of 4 : 3 : 1. On August 1, 2017, P died. His 20% share was acquired by H and remaining by S. Calculate the new profit sharing ratio. 141 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 4 : 3 : 2. B retires from the firm. Calculate the new ratio, if 132 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z were partners sharing profits in the ratio of 4/9 : 3/9 : 2/9. X retires and his share was taken up by Y and Z in the ratio of 2 : 1. Find out the new ratio 130 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 1/5, 1/3 and 7/15 respectively. C retires and his share was taken up by A and B in the ratio of 3 : 2. Calculate the new ratio. 122 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 1 2 … 173 174 Question and answer is powered by anspress.net
