Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Rohit and Hardik are partners sharing profits and losses equally. They decided to admit Surya as a partner for 1/3 share. For this purpose, the goodwill of the firm is to be valued 2.41K viewsAnurag Pathak Answered question April 8, 2025Goodwill 0 Votes 1 Ans Amit and Kartik are partners sharing profits and losses equally. They decided to admit Saurabh for an equal share in the profits. For this purpose, the goodwill of the firm was to be valued at four years’ purchase of super profits 2.01K viewsAnurag Pathak Changed status to publish April 8, 2025Goodwill 0 Votes 1 Ans Sakshi and Megha were partners sharing profits and losses in the ratio of 3 : 1. Capital Employed as on 31st March, 2024 was ₹ 14,00,000 1.98K viewsAnurag Pathak Answered question April 8, 2025Goodwill 0 Votes 1 Ans Anand, Ridhi, and Shyam were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. Their fixed capitals were ₹ 1,00,000, 60,000, and 40,000, respectively 2.72K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans On 31st March, 2023, the capitals of Raghav and Diya stood at ₹ 4,00,000 and ₹ 3,00,000 respectively, after the necessary adjustment in respect of 2.72K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Mohan, Suhaan and Adit were partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Their fixed capitals were: ₹ 2,00,000; ₹ 1,00,000 and ₹ 1,00,000 respectively 3.00K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Atul and Gita were partners in a firm sharing profits and losses in the ratio of 3 : 2. Their fixed capitals were ₹ 4,00,000 and ₹ 2,00,000, respectively 2.51K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Neeraj and Surya are partners sharing profits and losses in the ratio of 2 : 1. Their capitals are ₹ 4,00,000 and ₹ 2,00,000 respectively 2.71K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Sumit and Namit are partners sharing profits in the ratio of 3 : 2. They contribute ₹ 1,00,000 and ₹ 50,000 respectively towards capital. Compute interest on capital and show distribution of profit in the following cases: 2.58K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Vinod and Mohan are partners sharing profits and losses in the ratio of 4 : 3. From the following Balance sheet, Calculate interest on Capital @ 6% p.a 2.48K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans A, B and C were partners sharing profits and losses in the ratio of 5 : 3 : 2. Following was their Balance Sheet as at 31st March, 2023: 2.24K viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing profits and losses in the ratio of 3 : 2 : 1. Y retires selling his share to X and Z for ₹ 1,60,000, ₹ 1,00,000 being paid by X and ₹ 60,000 by Z 2.05K viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B, C and D are partners sharing profits in the ratio of 4 : 3 : 2 : 1. On the retirement of B, Goodwill was valued at ₹ 3,00,000. A, C and D decide to continue the firm sharing profits equally 1.92K viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 0 Ans A, B, C and D are partners sharing profits in the ratio of 5 : 3 : 3 : 1. On the retirement of C, goodwill was valued at ₹ 3,60,000. C’s share of goodwill will be adjusted into the Capital accounts of A, B and D 1.61K viewsAnurag Pathak Changed status to publish February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z were partners in a firm sharing profits in the ratio of 3 : 2 : 1. Z retired and the new profit sharing ratio between X and Y was 1 : 2. On Z’s retirement the goodwill of the firm was valued at ₹ 30,000 2.15K viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 6 : 4 : 5. Their capitals were A – ₹ 1,00,000, B – ₹ 80,000 and C – ₹ 60,000. On 1st April 2023, B retired from the firm and the new profit sharing ratio between A and C was decided as 11 : 4 1.83K viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Arjun, Bhim and Nakul are partners sharing profits and losses in the ratio of 14 : 5 : 6 respectively. Bhim retires and surrenders his 5/25th shares in favour of Arjun 2.06K viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B, C and D are partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1 : 1. A and C decided to retire from the firm. The goodwill of the firm was valued at ₹ 90,000. B and D decided to share future profits in the ratio of 5 : 3 1.92K viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans P, R and S are in partnership sharing profits 4/8, 3/8 and 1/8 respectively. It is provided under the partnership deed that on the death of any partner his share of goodwill is to be valued at one-half of the net profits credited to his account during the last 4 completed years 1.94K viewsAnurag Pathak Answered question February 26, 2025DK Goel Retirement of a partner 0 Votes 1 Ans L a partner, was appointed to look after the dissolution process for which he was given a remuneration of ₹ 10,000 2.22K viewsAnurag Pathak Changed status to publish February 24, 2025DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans X and Y share profits in the ratio of 5 : 3. Their Balance Sheet as at 31st March, 2023 was: 10.32K viewsAnurag Pathak Changed status to publish January 23, 2025[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans X and Y are partners in a firm sharing profits and losses in the ratio of 5 : 3. On 31st March, 2024, their Balance Sheet was as under: 2.96K viewsAnurag Pathak Changed status to publish January 23, 2025DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C were partners in a firm. A died on 31st March, 2018 and the Balance Sheet of the firm on that date was as under: 12.40K viewsAnurag Pathak Changed status to publish January 23, 2025[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Following is the Balance Sheet of Meridian Ltd. as at 31st March 2022 and 31st March 2023 ou are required to prepare a Common Size Balance Sheet. 1.77K viewsAnurag Pathak Changed status to publish January 21, 2025[CBSE] DK Goel Common Size Statements 0 Votes 1 Ans From the following Balance Sheet of R Ltd., Prepare a Common Size Statement Share Capital ₹ 2,50,000 1.85K viewsAnurag Pathak Changed status to publish January 21, 2025[CBSE] DK Goel Common Size Statements « Previous 1 2 … 6 7 8 9 10 … 176 177 Next » Question and answer is powered by anspress.net
