Ajay, Vijay and Saurav were partners sharing profits in the ratio of 1/2, 2/5, and 1/10. Find the new profit-sharing ratio of the remaining partners if Saurav dies.
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Ram, Mohan and Sohan were partners sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2025, their Balance Sheet was:
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Balance Sheet of Somesh, Rahul and Kamlesh, who were sharing profits in the ratio of 3 : 3 : 4 respectively as on 31st March, 2025 was as follows:
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Chandni, Bhanu, and Garima were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. The firm closes its books on 31st March every year
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You are given the Bank Pass Book and Cash Book (Bank Column only) of Goodwill Trading Co. for the month of March, 2026. You are required to prepare Amended Cash Book and thereafter prepare Bank Reconciliation Statement reconciling the entries in Amended Cash Book with the Bank Pass Book.
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From the following information, find out corrected bank balance as per the Cash Book and thereafter prepare Bank Reconciliation Statement as on 31st March, 2026 of a sole proprietor:
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From the following particulars, ascertain the bank balance as per the Pass Book as on 31st March, 2026 (a) without correcting the Cash Book balance and (b) after correcting the Cash Book balancе:
Solution:- (a) (b)
From the following information given by Anil, prepare the Bank Reconciliation Statement as on 31 st March, 2026 after amending the Cash Book on that date:
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From the following information as on 31st March, 2026, prepare Bank Reconciliation Statement after making necessary amendments in the Cash Book: Bank balance as per Cash Book (Dr.) ₹ 3,25,000
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Aryan and Adya were partners in a firm sharing profits and losses in the ratio of 3: 1. Their Balance Sheet on 31st March, 2024 was as follows:
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