Adin, Prabh and Inder are partners sharing profits and losses in the ratio of 2 : 2 : 1 respectively. Their Balance Sheet as at 31st March, 2023 is as given below:
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Arsh and Daksh are partners in a firm with profit sharing ratio as follows: 1/2 to Arsh, 1/3 to Daksh and 1/6 carried to a Reserve. They admit Sachi as a partner on 1st April, 2023. The Balance Sheet of the firm as at 31st March, was as follows:
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Fateh, Vipin and Ishant are partners sharing profits and losses in the ratio of 3 : 2 : 1. Manoj is admitted as a new partner on 1st April, 2023 for 1/6th share and is to bring ₹ 1,25,000 as Capital. Following is Balance Sheet of the firm as at 31st March, 2023:
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Kalpana and Kanika are partners in a firm sharing profits in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2023 was as follows:
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Sushil and Girish are partners in a firm sharing profits in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2023 was as follows:
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Bhavna and Daya sharing profits in the ratio of 3 : 2 had following Balance Sheet as at 31st March, 2023:
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Xavier and Yogesh are partners sharing profits and losses in the ratio of 3 : 2. On 31st March, 2023, their Balance Sheet was as follows:
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Gautam and Yashica were partners in a firm sharing profits in the ratio of 7 : 3. Their Balance Sheet as at 31st March, 2023 was as follows:
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Abram and Alia are partners in a firm sharing profits in the ratio of 60 : 40. Their Balance Sheet as at 31st March, 2023 was as follows:
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Pawan, Sharman and Karman are in partnership sharing profit and losses in the ratio of 6 : 3 : 1. They admit Arjun into partnership with effect from 1st April, 2023. New profit sharing ratio among the partners will be 3 : 3 : 3 : 1.
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