Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans A, B and C were partners sharing profits and losses in the ratio of 5 : 3 : 2. Following was their Balance Sheet as at 31st March, 2023: 161 viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing profits and losses in the ratio of 3 : 2 : 1. Y retires selling his share to X and Z for ₹ 1,60,000, ₹ 1,00,000 being paid by X and ₹ 60,000 by Z 150 viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B, C and D are partners sharing profits in the ratio of 4 : 3 : 2 : 1. On the retirement of B, Goodwill was valued at ₹ 3,00,000. A, C and D decide to continue the firm sharing profits equally 146 viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 0 Ans A, B, C and D are partners sharing profits in the ratio of 5 : 3 : 3 : 1. On the retirement of C, goodwill was valued at ₹ 3,60,000. C’s share of goodwill will be adjusted into the Capital accounts of A, B and D 143 viewsAnurag Pathak Changed status to publish February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z were partners in a firm sharing profits in the ratio of 3 : 2 : 1. Z retired and the new profit sharing ratio between X and Y was 1 : 2. On Z’s retirement the goodwill of the firm was valued at ₹ 30,000 159 viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 6 : 4 : 5. Their capitals were A – ₹ 1,00,000, B – ₹ 80,000 and C – ₹ 60,000. On 1st April 2023, B retired from the firm and the new profit sharing ratio between A and C was decided as 11 : 4 100 viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Arjun, Bhim and Nakul are partners sharing profits and losses in the ratio of 14 : 5 : 6 respectively. Bhim retires and surrenders his 5/25th shares in favour of Arjun 149 viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B, C and D are partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1 : 1. A and C decided to retire from the firm. The goodwill of the firm was valued at ₹ 90,000. B and D decided to share future profits in the ratio of 5 : 3 108 viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans P, R and S are in partnership sharing profits 4/8, 3/8 and 1/8 respectively. It is provided under the partnership deed that on the death of any partner his share of goodwill is to be valued at one-half of the net profits credited to his account during the last 4 completed years 145 viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans L a partner, was appointed to look after the dissolution process for which he was given a remuneration of ₹ 10,000 409 viewsAnurag Pathak Changed status to publish February 24, 2025DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans X and Y share profits in the ratio of 5 : 3. Their Balance Sheet as at 31st March, 2023 was: 5.99K viewsAnurag Pathak Changed status to publish January 23, 2025[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans X and Y are partners in a firm sharing profits and losses in the ratio of 5 : 3. On 31st March, 2024, their Balance Sheet was as under: 592 viewsAnurag Pathak Changed status to publish January 23, 2025DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C were partners in a firm. A died on 31st March, 2018 and the Balance Sheet of the firm on that date was as under: 8.12K viewsAnurag Pathak Changed status to publish January 23, 2025[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Following is the Balance Sheet of Meridian Ltd. as at 31st March 2022 and 31st March 2023 ou are required to prepare a Common Size Balance Sheet. 236 viewsAnurag Pathak Changed status to publish January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans From the following Balance Sheet of R Ltd., Prepare a Common Size Statement Share Capital ₹ 2,50,000 249 viewsAnurag Pathak Changed status to publish January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans Prepare a Common Size Balance Sheet of KJ Ltd. from the following information Shareholder’s Funds ₹ 8,00,000 252 viewsAnurag Pathak Changed status to publish January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans From the information given below, prepare a Common Size Statement of Profit & Loss of Relay Ltd 237 viewsAnurag Pathak Changed status to publish January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans Prepare a Common Size Statement of Profit & Loss from the following Revenue from Operations ₹ 54,00,000 235 viewsAnurag Pathak Changed status to publish January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans Prepare a Common Size Statement of Profit & Loss of Vinod Paper Mills Ltd. from the following information 230 viewsAnurag Pathak Answered question January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans You are given the following information Revenue from Operations ₹ 60,00,000 Other Income ₹ 6,00,000 225 viewsAnurag Pathak Changed status to publish January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans Prepare a Common Size Statement of Profit & Loss from the following Revenue from Operations ₹ 48,00,000 226 viewsAnurag Pathak Answered question January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans Prepare a Common Size Statement of Profit & Loss of X Ltd. from the following information Revenue from Operations ₹ 18,00,000 256 viewsAnurag Pathak Changed status to publish January 20, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans From the following information, prepare a Common Size Balance Sheet and comment upon the changes Share Capital ₹ 6,60,000 237 viewsAnurag Pathak Changed status to publish January 20, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans Prepare a Common Size Balance Sheet of X Ltd. from the following information Current Assets ₹ 28.80 245 viewsAnurag Pathak Changed status to publish January 20, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans From the following Balance Sheets of Sun Ltd., as at 31st March, 2024 prepare a Common Size Balance Sheet 222 viewsAnurag Pathak Changed status to publish January 20, 2025[CBSE] DK Goel Common Size Statements 1 2 … 169 170 Question and answer is powered by anspress.net
