Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Jyoti Power Ltd. decided to issue 8,50,000 equity shares of ₹ 10 each at a premium of ₹ 3 per share. The whole amount was payable on application 2.09K viewsAnurag Pathak Answered question October 14, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A limited Company was registered with a capital of ₹ 5,00,000 in shares of ₹ 10 each and issued 20,000 such shares at a premium of ₹ 2 per share, payable as ₹ 3 per share on application 1.96K viewsAnurag Pathak Changed status to publish October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans Saraswati Ltd. has an authorised capital of ₹ 10,00,000 divided into equity shares of ₹ 10 each. Subscribed and fully paid up share capital of the company was ₹ 4,00,000 1.72K viewsAnurag Pathak Answered question October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans On 28-2-2023 the first call of ₹ 2 per share became due on 50,000 equity shares allotted by Kumar Ltd. Komal, a holder of 1,000 shares, did not pay the first call money 2.13K viewsAnurag Pathak Answered question October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans On 1st February 2024, Raj Ltd. received in advance the first call of ₹ 25 per share on 4,000 equity shares. The first call was due on 31st March, 2024. Journalise the above transactions 1.84K viewsAnurag Pathak Answered question October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A, B and C are partners sharing profits and losses in the ratio of 2 : 2 : 1. C decided to retire and on this date goodwill of the firm is valued at ₹ 2,00,000 2.04K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R are equal partners. Goodwill is appearing in their books at ₹ 4,00,000. R retires and on the day of R’s retirement Goodwill is valued at ₹ 2,50,000 2.04K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are sharing profits in the ratio of 4 : 3 : 2. Goodwill is appearing in the books at a value of ₹ 42,000. C retires and on the day of C’s retirement Goodwill is valued at ₹ 63,000 1.99K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Ashok, Rakesh and Mukesh were partners sharing profits and losses in the ratio of 2 : 2 : 1. On 1st April, 2023, their goodwill was valued at ₹ 3,00,000, there being no account for it in the books 2.10K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans L, M and N are three partners sharing profits in the ratio of 4 : 3 : 2 respectively. M retires and the goodwill is valued at ₹ 1,08,000. No goodwill account appears as yet in the books of the firm 1.98K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing profits in the ratio of 5 : 4 : 3. X retires from the firm and it is decided that new profit sharing ratio between Y and Z will be same as existing between X and Y 2.08K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A and B were partners sharing profits in the ratio of 5 : 3. On 1st April, 2021 they admitted C as a new partner for 1/4th share which he acquired from A and B in the ratio of 3 : 2 2.19K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q, R and S were partners sharing profits in the ratio of 2 : 3 : 5 : 2. S retires and his share is acquired by Q and R in the ratio of 3 : 2. Calculate new ratio and gaining ratio 2.12K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing profits in the ratio of 1/9 : 1/3 and 5/9. Z retires and surrenders 3/4th of this share in favour of X and remaining in favour of Y 2.22K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Rekha, Ruchi and Suruchi are partners. Ruchi retires. Calculate new ratio if continuing partners acquired her share in the ratio of 2 : 3 2.03K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B, C and D are partners sharing profits in the ratio of 5 : 4 : 3 : 2. A retires and B, C and D decide to share the profits and losses equally in future 1.97K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 1/2 : 1/3 : 1/6. C retires and A and B decide to share future profits equally. Calculate the gaining rati 2.37K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans On 1st April, 2023 A, B and C were partners sharing profits and losses in the ratio of A 5/10, B 3/10 and C 2/10 respectively. On this date B retires 1.98K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans On 1st April, 2023 Ashish, Namish and Aman were partners sharing profits and losses in the ratio of 2/5, 2/5 and 1/5 respectively. On this date, Namish retires 1.89K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q, R and S were partners sharing profits in the ratio of 5 : 4 : 3 : 1. P and S retire from the firm. Calculate the gaining ratio and new profit sharing ratio 1.94K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z share profits in the ratio of 1/2, 3/10, 1/5. Calculate the gaining ratio and new ratios when 2.03K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 7 : 5 : 3. Find out the gaining ratio and new ratios when (i) A retires, (ii) B retires or (iii) C retires 2.00K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R are in partnership sharing profits and losses as 1/2, 2/6 and 1/6 respectively. R retires and his share is taken by P and Q in the ratio of 2 : 1 2.10K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q, R and S were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2 : 1. On 31st March, 2022, P retired from the firm 2.05K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Aman, Naman and Neel were partners in a firm sharing profits in the ratio of 1 : 2 : 1. Neel retires and he surrenders 2/3rd of his share in favour of Aman and the remaining share in favour of Naman 2.08K viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner « Previous 1 2 … 18 19 20 21 22 … 176 177 Next » Question and answer is powered by anspress.net