Following is the Balance Sheet of Suman and Palak, who had been sharing profits in proportion of 3/4th and 1/4th, as at 31st March, 2023:
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Bikash, Somen and Raj are partners sharing profits and losses in the ratio of 2 : 3 : 5. On 31st March, 2023, their Balance Sheet was as follows:
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Avijit and Binay are in partnership sharing profits and losses in the ratio of 3 : 2. The capitals of Avijit and Binay after adjustments are ₹ 2,40,000 and ₹ 1,80,000 respectively.
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Gaurav and Dinesh were carrying on business in partnership sharing profits and losses in the ratio of 3 : 2. On 31st March, 2023, their Balance Sheet stood as follows:
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Kavita and Arpita are partners in a firm sharing profits and losses in the ratio of 3 : 2. Following is their Balance Sheet as at 31st March, 2023:
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Rajesh and Ravi are partners sharing profits in the ratio of 3 : 2. Their Balance Sheet stood as at 31st March, 2023:
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Meet and Preet share profits in the proportion of 3/4th and 1/4th. Their Balance Sheet as at 31st March, 2023 was as follows:
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Anubhav and Anurag are partners in a firm sharing profits and losses in the ratio of 5 : 3. On 31st March, 2023, their Balance Sheet was as follows:
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Hemant and Hira are partners, sharing profits in the ratio of 3/5 : 2/5. They admit Hitashi as partner on 1st April, 2023. Their Balance Sheet as at 31st March, 2023 was as follows:
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Amit, Brajesh and Kant are partners sharing profits and losses in the ratio of 3 : 2 : 1. Hari is admitted as a new partner on 1st April, 2023 for 1/4th share and is to pay ₹ 2,50,000 as capital. Following is the Balance Sheet of the firm as at 31st March, 2023.
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