Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Mahesh, Naresh and Om were partners sharing profits in the ratio of 2 : 3 : 4. With effect from 1st April, 2023 they agreed to share profits in the ratio of 1 : 2 : 3. Calculate each partner’s gain or sacrifice due to change in ratio 1.03K viewsAnurag Pathak Answered question June 27, 2024 0 Votes 1 Ans A, B and C were in partnership sharing profits in the ratio of 4 : 3 : 1. The partners agreed to share future profits in the ratio of 5 : 4 : 3 1.16K viewsAnurag Pathak Answered question June 27, 2024 0 Votes 1 Ans A and B were in partnership sharing profits equally. With effect from 1st April, 2023 they agreed to share profits in the ratio of 4 : 3 936 viewsAnurag Pathak Answered question June 27, 2024 0 Votes 1 Ans X and Y were partners in a firm sharing profits in the ratio of 5 : 3. With effect from 1st April, 2023 they agreed to share profits equally 1.18K viewsAnurag Pathak Answered question June 27, 2024 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 3 : 2 : 1. The firm closes its books on 31st March every year. B died on 30th June, 2022. 4.63K viewsAnurag Pathak Changed status to publish June 22, 2024[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Raman, Shiv and Mukesh were in partnership sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2023 was as follows: 2.05K viewsAnurag Pathak Answered question June 21, 2024[ISC] Dissolution (2023-24) 0 Votes 1 Ans Pawan and Arun are partners in a firm sharing profits and losses in the ratio of 3 : 2. They decided to dissolve their firm on 31st March, 2023, when their Balance Sheet was as follows 1.57K viewsAnurag Pathak Answered question June 21, 2024[ISC] Dissolution (2023-24) 0 Votes 1 Ans Ankur Aditya and Pankaj were partners sharing profits and losses in the ratio of 2 : 2 : 1. On 1st April, 2022, their Balance Sheet was as follows: 1.75K viewsAnurag Pathak Answered question June 21, 2024[ISC] Dissolution (2023-24) 0 Votes 1 Ans Nimrat and Deep are partners having capitals as on 1st April, 2023 as Nimrat – ₹ 4,80,000 and Deep as ₹ 1,00,000 (Debit) 1.46K viewsAnurag Pathak Answered question June 19, 2024[ISC] Fundamentals of Partnership 0 Votes 1 Ans Puneet and Tarun are partners sharing profits and losses in the ratio of 3 : 2. They admit Simran as a partner who acquires 2/7th from Puneet and 1/7th from Tarun as her share 1.56K viewsAnurag Pathak Answered question June 13, 2024[ISC] Admission of Partner 0 Votes 1 Ans A, B and C are partners in a firm. Their profit sharing ratio is 3 : 2 : 1. However, C is guaranteed a minimum amount of ₹ 10,000 as share of profits every year 1.35K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Piya and Shreya are partners in a firm. Their Capital Accounts as on 1st April, 2023 were ₹ 5,00,000 and ₹ 3,00,000 respectively 1.50K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Cheese and Slice are equal partners. Their capitals as on April 01, 2022 were ₹ 50,000 and ₹ 1,00,000 respectively. After the accounts for the financial year ending March 31, 2023 have been prepared 1.46K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans From the following Balance Sheet of A and B, calculate interest on capital at 5% p.a. for the year ending 31st March, 2024 1.61K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A and B are partners sharing profits and losses in the ratio of 3 : 1. Following is the Balance Sheet of the firm as at 31st March, 2024 1.91K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses in the ratio of 2 : 3. The following was the Balance Sheet of the firm as at 31.3.2024 1.88K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses in the ratio of 2 : 1. The following was the Balance Sheet of the firm as at 31.3.2024 1.36K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Kaveri and Tapti are partners sharing profits in the ratio of 2 : 1. Following particulars are obtained from their books: 1.57K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans The capital accounts of A, B and C showed credit balances of ₹ 5,00,000, ₹ 3,00,000 and ₹ 2,00,000 respectively, after taking into account drawings and net profit of ₹ 3,00,000 1.60K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A and B are partners in a business sharing profits and losses in the ratio of 3 : 2. Their capitals on 31st March, 2024, after the adjustment of net profits and drawings amounted to ₹ 2,00,000 and ₹ 1,50,000 respectively 1.27K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans The capitals of A, B and C stood at ₹ 20,000, ₹ 15,000 and ₹ 10,000 respectively after the necessary adjustment in respect of drawings and net profits. Subsequently 1.66K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Mohan, Vijay and Anil are partners, their capitals on 31st March 2024 after adjustments of drawings and profits were ₹ 30,000, ₹ 25,000 and ₹ 20,000 respectively 1.13K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Sachin, Kapil and Rashmi have been sharing profits in the ratio of 3 : 2 : 1 respectively. Rashmi wants that she should share profits equally along with Sachin and Kapil 1.49K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans After the accounts of a partnership have been drawn up and the books closed off, it is discovered that for the years ended 31st March, 2023 and 2024 1.52K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 1 : 2 : 3. A withdrew ₹ 5,000 every month, B withdrew ₹ 60,000 during the year and C withdrew ₹ 15,000 during each quarter 1.26K viewsAnurag Pathak Changed status to publish June 13, 2024 « Previous 1 2 … 29 30 31 32 33 … 173 174 Next » Question and answer is powered by anspress.net