Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans X and Y share profits and losses in the ratio of 3 : 2. They admit Z as a partner who pays ₹ 72,000 as premium for goodwill for 1/4th share in the future profits of the firm 2.00K viewsAnurag Pathak Answered question August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Anju and Manju are partners, sharing profits and losses in the proportion of 7 : 5. They agreed to admit Meenu, their manager, into partnership, who is to get one sixth share in the business 1.71K viewsAnurag Pathak Answered question August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans K and Y were partners in a firm sharing profits in 3 : 2 ratio. They admitted Z as a new partner for 1/3rd share in the profits of the firm. Z acquired his share from K and Y in 2 : 3 ratio 1.97K viewsAnurag Pathak Edited answer August 22, 2024DK Goel Admission of a Partner 0 Votes 1 Ans X and Y are partners sharing profits in the ratio of 4 : 3. Z joins partnership for 2/7th share in the profits (of which he acquires 3/4th from X and 1/4th from Y). Z brings in ₹ 3,00,000 for his capital and ₹ 1,20,000 for goodwill 2.17K viewsAnurag Pathak Answered question August 22, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P and Q are partners sharing profits and losses in the ratio of 2 : 1. They admit R into partnership for 4/9th share in profits which he acquires equally from P and Q. R brings in cash ₹ 2,50,000 as capital and ₹ 1,80,000 as goodwill 2.01K viewsAnurag Pathak Answered question August 22, 2024DK Goel Admission of a Partner 0 Votes 1 Ans L M and N are partners sharing profits in the ratio of 3 : 2 : 1. They admit O into partnership. O brings in cash ₹ 4,50,000 as capital and ₹ 1,50,000 as goodwill for 1/5th share of profits 2.32K viewsAnurag Pathak Answered question August 22, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P, Q and R are partners sharing profits and losses in the ratio of 5 : 3 : 2. S is admitted as a new partner for 1/5th share. P sacrifices 1/10th from his share in favour of S and remaining sacrifice was made by Q and R in the ratio of 2 : 1 2.13K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A B and C are partners sharing in the ratio of 4 : 3 : 2. They admit D for 1/9th share. It is agreed that A would retain his original share. Calculate the new ratios and sacrificing ratios 2.20K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits in the ratio of 3 : 1. They admit C and decide that the profit-sharing ratio between B and C shall be same as existing between A and B. Calculate new profit-sharing ratio and the sacrificing ratio 2.74K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits and losses in the ratio of 4 : 3. C is admitted for 1/5th share. A and B decided to share equally in future. Calculate the new ratio and sacrificing ratio 2.34K viewsAnurag Pathak Edited answer August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admit C and D as new partners. A sacrifices 1/2 of his share in favour of C and B sacrifices 1/4 from his share in favour of D 1.96K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. C is admitted into partnership. A sacrifices 1/3 of his share and B 1/10 from his share in favour of C. Determine the sacrificing ratio and the new profit sharing ratio 2.08K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 7 : 3. C was admitted. A surrendered 1/7th of his share and B 1/3rd of his share in favour of C. Calculate the sacrificing ratio and the new profit sharing ratios of the partners 2.08K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profit 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 and the sacrificing ratio 2.32K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 2 : 2 : 1 respectively. They admit D for 1/6th share in the firm. Calculate the sacrificing ratio 1.89K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A B and C share profit and losses in the ratio of 3 : 2 : 1. Upon admission of D, they agreed to share as follows: 1.82K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Saurabh and Gaurav are equal partners. They admit Chunmun as a partner in their firm and the new ratio of all the three has been decided upon as 4 : 3 : 2. Find the sacrificing ratio 1.90K viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P and Q share profits in 3 : 2. On 1st April, 2022, they admit R and S with 1/4 and 1/5 share respectively. The profit of the firm for the year ended 31st March 2023 amounted to ₹ 2,00,000 1.92K viewsAnurag Pathak Changed status to publish August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B share profits and losses in the ratio of 3 : 2. They admit C as a new partner for 1/3rd share in the profits of the firm which he acquired from A and B in the ratio of 2 : 3 1.82K viewsAnurag Pathak Changed status to publish August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits and losses in the ratio of 3 : 2. They admit X and Y as new partners. A surrendered 1/3rd of his share in favour of X and B surrendered 1/4th of his share in favour of Y. Calculate the new profit sharing ratio of A, B, X and Y 1.75K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C are partners in a firm sharing profits in 4 : 3 : 3 ratio. They decided to admit their manager D into partnership. A surrendered 1/4 of his share in favour of D; B surrendered 1/5 of his share in favour of D and C surrendered 1/6 of his share in favour of D. Calculate new profit sharing ratio 2.03K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans X and Y are partners in a firm sharing profits and losses in the ratio of 9 : 6. A new partner Z is admitted. X surrenders 3/15th share of his profit in favour of Z and Y 6/15th of his share in favour of Z. Calculate new profit sharing ratio 1.83K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B share profits in the ratio of 3 : 2. They agreed to admit C on the condition that A will sacrifice 3/20th of his share of profit in favour of C and B will sacrifice 1/20th of his profits in favour of C. Calculate new profit sharing ratio 1.85K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits in the ratio of 2 : 1. C joins the firm. A surrenders 1/4th of his share and B 1/5th of his share in favour of C. Find the new profit sharing ratio. 2.01K 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 3 : 2. C is admitted for 1/5th share of profits out of which half share was gifted by A and the remaining share was taken by C equally from A and B. Calculate new profits sharing ratio 2.26K viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner « Previous 1 2 … 27 28 29 30 31 … 176 177 Next » Question and answer is powered by anspress.net
