Shubhi and Revanshi were partners in a firm sharing profit and losses in the ratio fo 3 : 2. Their Balance sheet as at 31st March, 2023 was as follows:
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Anshu and Vihu were partners in a firm sharing profits and losses in the ratio of 3 : 2. Their Balance sheet as at 31st March, 2023 was as follows:
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Gini, Bini and Mini are equal partners with capitals of ₹ 15,000; ₹ 17,500 and ₹ 20,000 respectively. They agree to admit Vini into equal partnership upon payment in cash ₹ 15,000 for 1/4th share of the goodwill
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Sunny and Ujjwal were partners in a firm sharing profits and losses in the ratio of 3:2. On 1st April, 2024, Timmy was admitted as a new partner for a 1/5th share in profits which he acquired equally from Sunny and Ujjwal
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Aruna and Karuna were partners in a firm sharing profits and losses in the ratio of 3:2. They admitted Varuna as a partner for 3/7th share of the profit and the new profit-sharing ratio will be 2 : 2 : 3
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Sana and Rajesh were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted Sonu into partnership for 1/5th share in the profits of the firm
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Rajan and Mukul are partners sharing profits and losses in the ratio of 4: 1. They admit Mayank and decide that the profit-sharing ratio between Mukul and Mayank be the same as existing between Rajan and Mukul
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Paras, Pawan and Raman are partners sharing profits in the ratio of 3: 2: 1. Raman is guaranteed annual profit of 75,000
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Aman, Raj and Suresh were partners in a firm sharing profits and losses in the ratio of 5: 3: 8. Suresh was guaranteed a minimum profit of 5,00,000 per year
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Sonia and Shruti were partners in a firm sharing profits and losses in the ratio of 5 : 3. On 1st April, 2023, the balance in their Fixed Capital Accounts were ₹ 25,00,000 and ₹ 15,00,000, respectively
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