Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Sandeep and Navdeep are partners in a firm sharing profits in 5 : 3 ratio. They admit C into the firm and the new profit sharing ratio was agreed at 4 : 2 : 1. Calculate the sacrificing ratio 673 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Singh, Gupta and Khan are partners in a firm sharing profits in 3 : 2 : 3 ratio. They admitted Jain as a new partner. Singh surrendered 1/3 of his share in favour of Jain 577 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Radha and Rukmani are partners in a firm sharing profits in 3 : 2 ratio. They admitted Gopi as a new partner. Radha surrendered 1/3 of her share in favour of Gopi and Rukmani surrendered 1/4 of her share in favour of Gopi 574 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A, B and C were partners in a firm sharing profits in 3 : 3 : 2 ratio. They admitted D as a new partner for 4/7 profit. D acquired his share 2/7 from A. 1/7 from B and 1/7 from C 608 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 0 Ans A and B were partners in a firm sharing profits in 3 : 2 ratio. They admitted C for 3/7 share which he took 2/7 from A and 1/7 from B. Calculate new profit sharing ratio? 496 viewsAnurag Pathak Changed status to publish August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A, B and C are partners sharing profits in 3 : 2 : 2 ratio. They admitted D as a new partner for 1/5 share which he acquired from A, B and C in 2 : 2 : 1 ratio respectively. Calculate new profit sharing ratio? 581 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner 0 Votes 1 Ans P and Q are partners sharing profits in 2 : 1 ratio. They admitted R into partnership giving him 1/5 share which he acquired from P and Q in 1 : 2 ratio. Calculate new profit sharing ratio? 609 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A, B and C are partners sharing profits in 2 : 2 : 1 ratio admitted D for 1/8 share which he acquired entirely from A. Calculate new profit sharing ratio? 655 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner 0 Votes 1 Ans X and Y are partners sharing profits in 5 : 3 ratio admitted Z for 1/10 share which he acquired equally for X and Y. Calculate new profit sharing ratio? 604 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A B C were partners in a firm sharing profits in 3 : 2 : 1 ratio. They admitted D for 10% profits. Calculate the new profit sharing ratio? 723 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner 0 Votes 1 Ans A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admit C into the partnership with 1/6 share in the profits. Calculate the new profit sharing ratio? 611 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner 0 Votes 1 Ans Hari, Kunal and Uma are partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. From 1st April, 2018 they decided to share future profits and loose in the ratio of 2 : 5 : 3 739 viewsAnurag Pathak Changed status to publish August 7, 2024Accountancy Class 12th 0 Votes 1 Ans Dinesh, Ramesh and Suresh are partners in a firm sharing profits and losses in the ratio of 3 : 3 : 2. From 1st April, 2018 they decided to share the future profits equally 769 viewsAnurag Pathak Changed status to publish August 7, 2024Accountancy Class 12th 0 Votes 1 Ans The following is the balance sheet of a firm as at 31st March, 2023 Capitals Accounts A ₹ 4,00,000 B ₹ 4,00,000 C ₹ 3,00,000 D ₹ 3,00,000. 714 viewsAnurag Pathak Changed status to publish August 7, 2024Accountancy Class 12th 0 Votes 1 Ans X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2. Their position as at 31st March 2023 was as follows: 864 viewsAnurag Pathak Changed status to publish August 7, 2024Accountancy Class 12th 0 Votes 1 Ans L, M and N were partners in a firm sharing profits in the ratio of 2 : 3 : 5. From 1st April, 2018 they decided to share the profits in the ratio of 1 : 2 : 2 815 viewsAnurag Pathak Answered question August 6, 2024Accountancy Class 12th 0 Votes 1 Ans A, B and C were partners in a firm sharing profits in the ratio of 1 : 3 : 2. They decided that with effect from 1st April, 2024, they will share profits in the ratio of 4 : 6 : 5 719 viewsAnurag Pathak Answered question August 6, 2024Accountancy Class 12th 0 Votes 1 Ans A and B have been carrying on business in partnership with fixed capitals of ₹ 2,40,000 and ₹ 1,20,000 respectively and sharing profits in the same proportion 640 viewsAnurag Pathak Answered question August 6, 2024Accountancy Class 12th 0 Votes 1 Ans P, Q and R are partners sharing profits and losses in the ratio of 5 : 3 : 2. From 1st April, 2024, they decide to share profits and losses in equal proportions 860 viewsAnurag Pathak Answered question August 6, 2024Accountancy Class 12th 0 Votes 1 Ans Charu and Dinesh have been sharing profits in the ratio of 3 : 1. The net profits for the past four years have been ₹ 60,000; ₹ 50,000; ₹ 90,000 and ₹ 1,20,000 respectively 689 viewsAnurag Pathak Answered question August 6, 2024Accountancy Class 12th 0 Votes 1 Ans X, Y and Z are partners sharing profits in the ratio of 5 : 4 : 1. It is now agreed that they will share future profits in the ratio of 3 : 3 : 4. Goodwill is valued at ₹ 1,00,000 659 viewsAnurag Pathak Answered question August 6, 2024Accountancy Class 12th 0 Votes 1 Ans The following information relates to a partnership firm: (a) Sundry Assets of the firm ₹ 6,80,000. Outside Liabilities ₹ 60,000. 636 viewsAnurag Pathak Answered question August 5, 2024Accountancy Class 12th 0 Votes 1 Ans Average profit of the firm is ₹ 3,00,000. Total assets of the firm are ₹ 24,00,000 whereas Partner’s Capital is ₹ 20,00,000. If normal rate of return in a similar business is 12% of the capital employed 721 viewsAnurag Pathak Answered question August 5, 2024Accountancy Class 12th 0 Votes 1 Ans A partnership firm earned net profits during the last three years as follows: 2021 – 22 ₹ 1,90,000 2022 – 23 ₹ 2,20,000 776 viewsAnurag Pathak Answered question August 5, 2024Accountancy Class 12th 0 Votes 1 Ans Yash and Karan were partners in an interior designer firm. Their fixed capitals were ₹ 6,00,000 and ₹ 4,00,000 respectively. There were credit balances in their current accounts of ₹ 4,00,000 and ₹ 5,00,000 respectively 896 viewsAnurag Pathak Answered question August 5, 2024Accountancy Class 12th « Previous 1 2 … 26 27 28 29 30 … 173 174 Next » Question and answer is powered by anspress.net
