Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 0 Ans Leena and Rohit are partners in a firm sharing profits in the ratio of 3 : 2. On 31st March, 2018, their Balance Sheet was as follows: 0 viewsAnurag Pathak Changed status to publish 1 second agoDK Goel Admission of a Partner 0 Votes 1 Ans On 31st March, 2019 the Balance Sheet of Madan and Mohan who share profits and losses in the ratio of 3 : 2 was as follows: 9 viewsAnurag Pathak Answered question 2 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans Pappu and Dhanraj were partners in a firm sharing profits in the ratio of 3 : 1. Their Balance Sheet as at 31.3.2023 was as follows: 8 viewsAnurag Pathak Answered question 6 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profit and losses in the ratio of 3 : 1. On 1st April, 2022 their position was as given below: 8 viewsAnurag Pathak Answered question 11 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans Rajat and Ravi are partners in a firm sharing profits and losses in the ratio of 7 : 3. Their Balance Sheet as at 31st March, 2024 is as follows: 8 viewsAnurag Pathak Answered question 17 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans Balance Sheet as at 31st March, 2024 of Ramesh, Kumar and Pappu who were sharing profits and losses in the ratio of 2 : 3 : 5. 10 viewsAnurag Pathak Changed status to publish 23 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans A and B sharing profits in the ratio of 3 : 2 have capitals of ₹ 1,00,000 and ₹ 45,000, respectively. They admit a new partner C with 2/9th share of profits 8 viewsAnurag Pathak Answered question 30 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans On 31st March, 2024 the Balance Sheet of W and R who shared profits in 3 : 2 ratio was as follows: 8 viewsAnurag Pathak Answered question 35 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 2 : 3. Their Balance Sheet as at 31st March, 2024 was as follows: 8 viewsAnurag Pathak Answered question 41 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans Abha and Bimal are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2015 they admitted Chintu into partnership for 1/5th share in the profits of the firm 8 viewsAnurag Pathak Answered question 49 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans Juliet and Rabani are partners in a firm, sharing profits and losses in the ratio of 3 : 1. On 31st March, 2016, their Balance Sheet was as under: 11 viewsAnurag Pathak Answered question 54 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans Dhruv and Ansh are partners in a firm sharing profits and losses: Dhruv 75% and Ansh 25% respectively. 11 viewsAnurag Pathak Answered question 59 minutes agoDK Goel Admission of a Partner 0 Votes 1 Ans Chander and Damini were partners in a firm sharing profits and losses equally. On 31st March, 2017 their Balance Sheet was as follows: 10 viewsAnurag Pathak Answered question 1 hour agoDK Goel Admission of a Partner 0 Votes 1 Ans Sanjana and Alok were partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2018 their Balance Sheet was as follows: 17 viewsAnurag Pathak Answered question 1 hour agoDK Goel Admission of a Partner 0 Votes 1 Ans Ashish and Nimish were partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2019 their Balance Sheet was as follows: 1.55K viewsAnurag Pathak Changed status to publish 1 hour agoDK Goel Admission of a Partner 0 Votes 1 Ans Following is the Trial Balance of Karman on 31st March, 2025: Capital ₹ 8,00,000 Drawings ₹ 60,000 163 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract from a Trial Balance: Machinery ₹ 4,00,000 Furniture ₹ 2,00,000 137 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Following balance of asset is taken from the books of Dhruv as on 1st April, 2024: Plant and Machinery – ₹ 12,00,000 143 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Net Profit of a firm is ₹ 1,05,000 before charing commission. Manager of the firm is to be paid commission of 5% on the Net Profit after charing his commission 153 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Give Journal entries for the following adjustments in final accounts: Salaries ₹ 5,000 are outstanding. Insuarnce amounting to ₹ 2,000 is paid in advance 150 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Ramesh valued stock at the end of the year at ₹ 1,00,000. Goods costing ₹ 5,000 were destroyed by fire during the accounting period 135 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Following extract is taken from the Trial Balance of Kabir as on 31st March, 2025: Purchases ₹ 4,50,000 Sales ₹ 3,75,000 139 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Mohan’s Profit & Loss Account shows net profit of ₹ 1,76,000 before charging commission of manager 139 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Sanjiv’s Trial Balance as on 31st March, 2025 shows the following information: Purchases ₹ 2,80,000 Sales ₹ 3,50,000 126 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract of Trial Balance as at 31st March, 2025: Debtors ₹ 5,15,000 Bad Debts ₹ 12,500 136 viewsAnurag Pathak Answered question 6 days agoFinancial Statement (With Adjustment) 1 2 … 174 175 Question and answer is powered by anspress.net
