Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Give two circumstances in which Sacrificing Ratio may be applied. 1.70K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans New profit sharing ratio is determined on admission of a partner. As a result of new partner acquiring the share from old partners, the shares of old partners are reduced. What is it known as and why is it important to determine it? 1.48K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Define Sacrificing Ratio. unless given other wise, what will be the ratio of sacrifice of the old partners in the case of admission of a new partner? 1.73K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans What is the New Profit sharing Ratio in case of admission of a partner? 1.63K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans State any two purposes for admitting a new partner in a firm. 1.58K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Why does a new partner bring premium for goodwill on his admission? 1.57K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans State two main rights that a newly admitted partner acquires in the firm. 1.55K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans What is meant by Change in Profit Sharing Ratio? State any two circumstances when there is a need to change the profit sharing ratio. 1.58K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans How is a partner admitted to a firm? 1.49K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans What is meant by Admission of a new partner 1.73K viewsAnurag Pathak Changed status to publish July 18, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Rajib and Sanjiv are in partnership sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as on 31st March, 2023 is as under: 4.34K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Amod and Subodh are partners sharing profits in the ratio of 3 : 2. They admit Pramod as a new partner from 1st April, 2023. They have decided to share future profits in the ratio of 4 : 3 : 3. The Balance Sheet as at 31st March, 2023 is given below: 5.10K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Neha and Tara are partners in a firm sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet on 31st March, 2012, stood as follows: 5.12K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Avinash and Varun are partners in a firm sharing profits and losses in the ratio of 3 : 1. On 1st April, 2023, their position was as given below: 4.21K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Following is the Balance Sheet of Suhail and Sahil as at 31st March, 2023 who share profits and losses in proportion of 3 : 2. 4.61K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans James and Aryan are in partnership sharing profits and losses in the ratio of 3/5 : 2/5. The capitals of James and Aryan after adjustments are ₹ 2,40,000 and ₹ 1,80,000 respectively. 2.73K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ishu and Vishu are partners sharing profits in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2023 was as follows: 6.36K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Amit and Tej are partners sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 1st April, 2023 was as under: 4.29K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Nitin and Lokesh are partners in a firm sharing profits and losses in the ratio of 60 : 40. Their Balance Sheet as at 31st March, 2023 was as follows: 3.38K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Following is the Balance Sheet of Suman and Palak, who had been sharing profits in proportion of 3/4th and 1/4th, as at 31st March, 2023: 5.10K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Bikash, Somen and Raj are partners sharing profits and losses in the ratio of 2 : 3 : 5. On 31st March, 2023, their Balance Sheet was as follows: 5.22K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Avijit and Binay are in partnership sharing profits and losses in the ratio of 3 : 2. The capitals of Avijit and Binay after adjustments are ₹ 2,40,000 and ₹ 1,80,000 respectively. 3.33K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Meet and Preet share profits in the proportion of 3/4th and 1/4th. Their Balance Sheet as at 31st March, 2023 was as follows: 4.25K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Rajesh and Ravi are partners sharing profits in the ratio of 3 : 2. Their Balance Sheet stood as at 31st March, 2023: 2.44K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Kavita and Arpita are partners in a firm sharing profits and losses in the ratio of 3 : 2. Following is their Balance Sheet as at 31st March, 2023: 4.34K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th « Previous 1 2 … 147 148 149 150 151 … 173 174 Next » Question and answer is powered by anspress.net
