Balance Sheet of Payal, Akeel and Ramesh as at 31st March, 2023 was as follows:
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Balance Sheet of Ajay, Salil and Ravi who are sharing profits in the ratio of 2 : 3 : 1, as at 31st March, 2023 is given below:
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Mohit, Sohan are Rahul are partners in a firm. Sohan retired from the firm on 1st April, 2023 and his claim including his capital and share of goodwill was ₹ 1,50,000
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On 1st April, 2021, Manoj retired from partnership and his share was determined on the date of retirement from the following:
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The Balance Sheet of Sanjiv, Rajiv and Satish is as follows:
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Ram, Shyam and Mohan are partners sharing profits in the ratio of 5 : 3 : 2. Mohan retired on 1st April, 2023 from business
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Varun, Jagdish and Tarun were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1 Balance Sheet of the firm as at 31st March, 2023 was as follows:
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Sachin, Agarkar and Ankola are equal partners in a firm. Agarkar retired and the continuing partners decide to share profits of the new firm in the ratio of 5 : 4
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Alok, Ankit and Bipin are partners sharing profits and losses in the ratio of 3 : 2 : 1. Ankit retired on 1st April, 2023
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Bimal, Brij and Ajay are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1
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