Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans P, Q and R were partners in a firms sharing profits in the ratio of 3 : 2 : 1. They admitted S as a new partner for 1/8th share in the profits which he acquired 1/16th from P and 1/16th from Q. Calculate new profit sharing ratio of P, Q, R and S 1.26K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans R and S share profits in the ratio of 3 : 2. They admitted T as partner for 1/4 share which will be borne by R and S equally. Find out the new profit-sharing ratio 1.10K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P and Q are partners sharing profits and losses in the ratio of 4 : 3. They admit R as partner for a 1/7th share in profits which he acquires equally from P and Q. Calculate new profit sharing ratio of the partners 1.22K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B were partners sharing profits in the ratio of 21 : 9. C was admitted on 9/21 share in the profits. Calculate new profit sharing ratio of the partners 1.38K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 5 : 3. C is admitted to the partnership for 1/4th share of future profits. Calculate the new profit sharing ratio 1.40K viewsAnurag Pathak Answered question August 20, 2024[CBSE] DK Goel Solutions Class 12DK Goel Admission of a Partner 0 Votes 1 Ans Ashish and Dutta were partners in a firm sharing profits in 3 : 2 ratio. On Jan. 01, 2015 they admitted Vimal for 1/5 share in the profits. The Balance Sheet of Ashish and Dutta as on March 31, 2016 was as follows 1.47K viewsAnurag Pathak Answered question August 14, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Azad and Babli are partners in a firm sharing profits and losses in the ratio of 2 : 1. Chintan is admitted into the firm with 1/4 share in profits 1.45K viewsAnurag Pathak Changed status to publish August 14, 2024[NCERT] Admission of Partner 0 Votes 1 Ans The following was the Balance Sheet of Arun, Bablu and Chetan sharing profits and losses in the ratio of 6/14 : 5/14 : 3/14 respectively. 1.69K viewsAnurag Pathak Changed status to publish August 11, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Pinky, Qumar and Roopa partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Seema is admitted as a new partner for 1/4 share in the profits of the firm, which he gets 1/8 from Pinky, and 1/16 each from Qumar and Roopa 1.48K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A and B are partners sharing profits and losses in the ratio of 3 : 1. On 1st April, 2017 they admitted C as a new partner for 1/4 share in the profits of the firm 1.81K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A and B share profits in the proportions of 3/4 and 1/4. Their Balance Sheet on March 31, 2016 was as follows: 1.68K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Amit and Viney are partners in a firm sharing profits and losses in 3 : 1 ratio. on 1.1.2017 they admitted Ranjan as a partner. on Ranjan’s admission the profit and loss account of Amit and Viney showed a debit balance of Rs. 40,000 1.40K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Leela and Meeta were partners in a firm sharing profits and losses in the ratio of 5 : 3. In April 2017 they admitted Om as a new partner. On the date of Om’s admission the balance sheet of Leela and Meeta showed a balance of Rs. 16,000 in general reserve and Rs. 24,000 (Cr) 1.37K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Given below is the Balance Sheet of A and B, who are carrying on partnership business on 31.12.2016. A and B share profits and losses in the ratio of 2 : 1 1.50K viewsAnurag Pathak Changed status to publish August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Amar and Akbar are equal partners in a firm. They admitted Anthony as a new partner and the new profit sharing ratio is 4 : 3 : 2. Anthony could not bring this share of goodwill Rs. 45,000 in cash 1.62K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Rajesh and Mukesh are equal partners in a firm. They admit Hari into partnership and the new profit sharing ratio between Rajesh, Mukesh and Hari is 4 : 3 : 2. On Hari’s admission goodwill of the firm is valued at Rs. 36,000 1.50K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Mohan Lal and Sohan Lal were partners in a firm sharing profits and losses in 3 : 2 ratio. They admitted Ram Lal for 1/4 share on 1.1.2013. It was agreed that goodwill of the firm will be valued at 3 years purchase of the average profits of last 4 years which were Rs. 50,000 for 2013, Rs. 60,000 for 2014, Rs. 90,000 for 2015 and Rs. 70,000 for 2016 1.36K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Amar and Samar were partners in a firm sharing profits and losses in 3 : 1 ratio. They admitted Kanwar for 1/4 share of profits. Kanwar could not bring his share of goodwill premium in cash 1.30K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Aditya and Balan are partners sharing profits and losses in 3 : 2 ratio. They admitted Christopher for 1/4 share in the profits. The new profit sharing ratio agreed was 2 : 1 : 1 1.41K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans X and Y are partners in a firm sharing profits and losses in 4 : 3 ratio. They admitted Z for 1/8 share. Z brought Rs. 20,000 for his capital and Rs. 7,000 for his 1/8 share of goodwill 1.66K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Arti and Bharti are partners in a firm sharing profits in 3 : 2 ratio. They admitted Sarthi for 1/4 share in the profits of the firm. Sarthi brings Rs. 50,000 for his capital and Rs. 10,000 for his 1/4 share of goodwill 1.46K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. They decide to admit C into partnership with 1/4 share in profits. C will bring in Rs. 30,000 for capital and the requisite amount of goodwill premium in cash 1.54K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Verma and Sharma are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admitted Ghosh as a new partner for 1/5 share of profits. Ghosh is to bring in rs. 20,000 as capital and Rs. 4,000 as his share of goodwill premium 1.45K viewsAnurag Pathak Edited answer August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A business has earned average profits of Rs. 1,00,000 during the last few years. Find out the value of goodwill by capitalisation method, given that the assets of the business are Rs. 10,00,000 and its external liabilities are Rs. 1,80,000 1.36K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Rajan and Rajani are partners in a firm. Their capitals were Rajan Rs. 3,00,000; Rajani Rs. 2,00,000. During the year 2015 the firm earned a profit of Rs. 1,50,000 1.29K viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner « Previous 1 2 … 25 26 27 28 29 … 173 174 Next » Question and answer is powered by anspress.net
