Naresh, David and Aslam were partners sharing profits in the ratio of 5 : 3 : 7. Naresh retired from the firm. David and Aslam decided to share future profits in the ratio of 2 : 3
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Varun, Amit and Renu were partners sharing profits and losses in the ratio of 4 : 3 : 2. Amit retired on 1st April, 2023
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Balance Sheet of Vikas, Mukta and Anuj who are sharing profits in the ratio of 2 : 3 : 1 as at 31st March, 2023 is given below:
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Dev, Savita and Alok were in partnership sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2023 was as follows:
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Vineet, Neeti and Umeed are partners sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2023 was as follows:
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Vijay, Vinod and Yogi were partners sharing profits in the ratio of 1/2, 1/3 and 1/6 respectively. Balance Sheet of the firm as at 31st March, 2023 was as follows
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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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