Ask question Search Order By: ActiveCategoryClear Filter 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 3.49K 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: 3.83K 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) 2.97K 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 3.32K 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 2.69K 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 2.75K 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 2.73K 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 3.03K 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 3.39K 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 3.61K 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 2.62K 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: 2.78K 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 3.11K 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 2.49K 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 3.02K 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 2.26K 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 2.77K 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 2.88K 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 2.60K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C are partners in a firm sharing profits and losses in the ratio of 4 : 3 : 3. Their fixed capitals were ₹ 1,00,000, ₹ 2,00,000 and ₹ 3,00,000 respectively 2.53K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C were partners in a firm. Their capitals were A ₹ 1,00,000, B ₹ 2,00,000 and C ₹ 3,00,000 respectively on 1st April, 2023. According to the partnership deed they were entitled to an interest on capital @ 5% p.a 3.42K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C were partners in a firm. On 1st April, 2021 their capitals stood as ₹ 5,00,000; ₹ 2,50,000 and ₹ 2,50,000 respectively. As per provisions of the partnership deed 2.65K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Suresh and Ramesh were partners in a firm sharing profits in the ratio of 3 : 2. Their fixed capitals were : Suresh ₹ 9,00,000 and Ramesh ₹ 6,00,000 2.67K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 2 : 2 : 1. Their fixed capitals were ₹ 4,00,000, ₹ 2,50,000 and ₹ 1,00,000 respectively 3.55K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Kumar and Raja were partners in a firm sharing profits in the ratio of 7 : 3. Their fixed capitals were : Kumar ₹ 9,00,000 and Raja ₹ 4,00,000 2.56K viewsAnurag Pathak Changed status to publish June 13, 2024 « Previous 1 2 … 33 34 35 36 37 … 176 177 Next » Question and answer is powered by anspress.net
