Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans State any two purposes for admitting a new partner in a firm. 1.17K 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? 1.12K 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. 1.18K 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. 1.17K 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? 1.05K 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 1.22K 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: 3.88K 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: 4.19K 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: 4.31K 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: 3.47K 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. 3.92K 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. 2.24K 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: 4.93K 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: 3.55K 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: 2.90K 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: 4.19K 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: 4.36K 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. 2.71K 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: 3.48K 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: 2.01K 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: 3.59K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Gaurav and Dinesh were carrying on business in partnership sharing profits and losses in the ratio of 3 : 2. On 31st March, 2023, their Balance Sheet stood as follows: 3.44K viewsAnurag Pathak Changed status to publish July 17, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Hemant and Hira are partners, sharing profits in the ratio of 3/5 : 2/5. They admit Hitashi as partner on 1st April, 2023. Their Balance Sheet as at 31st March, 2023 was as follows: 4.07K viewsAnurag Pathak Changed status to publish July 16, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Amit, Brajesh and Kant are partners sharing profits and losses in the ratio of 3 : 2 : 1. Hari is admitted as a new partner on 1st April, 2023 for 1/4th share and is to pay ₹ 2,50,000 as capital. Following is the Balance Sheet of the firm as at 31st March, 2023. 3.17K viewsAnurag Pathak Changed status to publish July 16, 2023[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Adin, Prabh and Inder are partners sharing profits and losses in the ratio of 2 : 2 : 1 respectively. Their Balance Sheet as at 31st March, 2023 is as given below: 3.85K viewsAnurag Pathak Changed status to publish July 16, 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