Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Abhinandan Ltd. bought a machinery on 1st August, 2017, costing ₹ 90,000. It purchased further machinery on 1st December, 2017 costing ₹ 60,000 and on 1st October, 2018 it bought machine costing ₹ 40,000 88 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans On 1st January, 2020, A Ltd. Purchased a machine for ₹ 2,40,000 and spent ₹ 10,000 on its erection. On 1st July, 2020 an additional machinery costing ₹ 1,00,000 was purchased 83 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans A Ltd. purchased a machine for ₹ 5,00,000 on 1st April, 2022. Further addition were made on 1st October 2022 and on 1st July 2023 for ₹ 4,00,000 and ₹ 3,00,000 respectively. 83 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans Chandra Ltd. purchased a second-hand machine for ₹ 2,68,000 plus CGST and SGST @ 6% each on 1st July, 2021. They spent ₹ 32,000 on its overhaul and installation 78 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans On 1st April, 2021, a limited company purchased a Machine for ₹ 9,80,000 and spent ₹ 20,000 on its installation. At the date of purchase, it was estimated that the scrap value of the machine would be ₹ 40,000 at the end of the eighth year. 73 viewsAnurag Pathak Answered question 4 days agoDK Goel Depreciation 0 Votes 1 Ans A and B share the profits of a business in the ratio of 5 : 3. They admit C into the firm for a 1/4th share in the profits to be contributed equally by A and B 215 viewsAnurag Pathak Changed status to publish December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses as 5 : 3. The position of the firm as at 31st March, 2022 was as follows: 192 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans Rohit and Bal sharing profits in the ratio of 5 : 3 has the following Balance Sheet as at March 31, 2022: 191 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm. Their Balance Sheet as at 31st March, 2022 was as follows: Capital: A ₹ 50,000 B ₹ 60,000 181 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans The Balance Sheet of A and B as at 31st March, 2022 is given below: A’s Capital ₹ 60,000 B’s Capital ₹ 30,000 192 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits and losses in the ratio of 3 : 2. On April 1, 2022, their Balance Sheet was as follows: 197 viewsAnurag Pathak Changed status to publish December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans A and B were partners with fixed capitals of ₹ 3,70,000 each. They admitted C as a new partner for 1/4th share of profits. C brought ₹ 3,00,000 as his capital and the necessary amount of goodwill premium for his share of goodwill 205 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C were partners in a firm sharing profits in the ratio of 2 : 1 : 2. Their respective fixed capitals were A ₹ 7,00,000; B ₹ 4,50,000 and C ₹ 6,00,000 209 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans David and Bimal are partners sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 31st March 2023, was as follows: 189 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 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: 174 viewsAnurag Pathak Changed status to publish December 4, 2025DK 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: 224 viewsAnurag Pathak Answered question December 4, 2025DK 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: 171 viewsAnurag Pathak Answered question December 4, 2025DK 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: 188 viewsAnurag Pathak Answered question December 4, 2025DK 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: 185 viewsAnurag Pathak Answered question December 4, 2025DK 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. 181 viewsAnurag Pathak Changed status to publish December 4, 2025DK 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 175 viewsAnurag Pathak Answered question December 4, 2025DK 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: 198 viewsAnurag Pathak Answered question December 4, 2025DK 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: 177 viewsAnurag Pathak Answered question December 4, 2025DK 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 169 viewsAnurag Pathak Answered question December 4, 2025DK 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: 143 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner « Previous 1 2 3 4 … 176 177 Next » Question and answer is powered by anspress.net
