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Answer

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:

Solution:-

Anurag Pathak
July 16, 2023

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:

Solution:-

Anurag Pathak
July 16, 2023

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:

Solution:-

Anurag Pathak
July 15, 2023

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:

Solution:-

Anurag Pathak
July 13, 2023

Bhavna and Daya sharing profits in the ratio of 3 : 2 had following Balance Sheet as at 31st March, 2023:

Solution:-

Anurag Pathak
July 13, 2023

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:

Solution:-

Anurag Pathak
July 13, 2023

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:

Solution:-

Anurag Pathak
July 13, 2023

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:

Solution:-

Anurag Pathak
July 12, 2023

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.

Solution:-

Anurag Pathak
July 12, 2023

Aamir, Salman and Ranbir were in partnership sharing profits and losses in the ratio of 6 : 3 : 1. Their fixed capitals as on 31st March, 2023 were: Aamir – ₹ 3,00,000, Salman – ₹ 1,50,000 and Ranbir – ₹ 50,000. They admit Irfan into partnership with effect from 1st April, 2023.

Solution:-

Anurag Pathak
July 12, 2023