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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Parul and Rajul were partners in a firm, sharing profits and losses in the ratio of 5 : 3. The balance in their Fixed Capital Accounts on 1st April, 2023 were
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Nimrat and Maira are partners without a Partnership Deed sharing profits in the ratio of 2 : 1
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Gurman has following balances in his GST Accounts Input IGST ₹ 6,00,000 Input CGST ₹ 2,00,000
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Pawan has following balances in his GST Accounts: Input IGST ₹ 6,00,000 Input CGST ₹ 2,00,000
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Journalise the following transactions in the books of Dixit & Sons. Sold goods to Shubham of the list price of ₹ 75,000 for ₹ 70,000.
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Journalise the following transactions in the books of Dixit & Sons: Bought goods from Amit for ₹ 2,00,000 at terms 5% cash discount and 20% trade disocunt. Paid 3/4th of the amount in cash at the time of purchase.
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