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Category Accountancy Class 12th

Accountancy Class 12th 921 Questions

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0 Votes 1 Ans

Ramesh, Mahesh, and Suresh are partners since 1st April 2022 but do not have a Partnership Deed.

5.14K viewsAnurag Pathak Changed status to publish May 15, 2026[ISC} TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Aryan and Adya were partners in a firm sharing profits and losses in the ratio of 3: 1. Their Balance Sheet on 31st March, 2024 was as follows:

263 viewsAnurag Pathak Answered question May 10, 2026[CBSE] Admission of Partner

0 Votes 1 Ans

Shubhi and Revanshi were partners in a firm sharing profit and losses in the ratio fo 3 : 2. Their Balance sheet as at 31st March, 2023 was as follows:

264 viewsAnurag Pathak Changed status to publish May 10, 2026[CBSE] Admission of Partner

0 Votes 1 Ans

Anshu and Vihu were partners in a firm sharing profits and losses in the ratio of 3 : 2. Their Balance sheet as at 31st March, 2023 was as follows:

264 viewsAnurag Pathak Changed status to publish May 10, 2026[CBSE] Admission of Partner

0 Votes 1 Ans

Gini, Bini and Mini are equal partners with capitals of ₹ 15,000; ₹ 17,500 and ₹ 20,000 respectively. They agree to admit Vini into equal partnership upon payment in cash ₹ 15,000 for 1/4th share of the goodwill

281 viewsAnurag Pathak Answered question May 9, 2026[CBSE] Admission of Partner

0 Votes 1 Ans

Sunny and Ujjwal were partners in a firm sharing profits and losses in the ratio of 3:2. On 1st April, 2024, Timmy was admitted as a new partner for a 1/5th share in profits which he acquired equally from Sunny and Ujjwal

240 viewsAnurag Pathak Answered question May 9, 2026[CBSE] Admission of Partner

0 Votes 1 Ans

Aruna and Karuna were partners in a firm sharing profits and losses in the ratio of 3:2. They admitted Varuna as a partner for 3/7th share of the profit and the new profit-sharing ratio will be 2 : 2 : 3

269 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner

0 Votes 1 Ans

Sana and Rajesh were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted Sonu into partnership for 1/5th share in the profits of the firm

220 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner

0 Votes 1 Ans

Rajan and Mukul are partners sharing profits and losses in the ratio of 4: 1. They admit Mayank and decide that the profit-sharing ratio between Mukul and Mayank be the same as existing between Rajan and Mukul

267 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner

0 Votes 1 Ans

The Partners of a firm, Alia, Bhanu, and Chand distributed the profits for the year ended 31st March 2017. ₹ 8,00,000 in the ratio of 3:3:2 without providing for the following adjustments:

13.06K viewsAnurag Pathak Changed status to publish April 18, 2026[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Paras, Pawan and Raman are partners sharing profits in the ratio of 3: 2: 1. Raman is guaranteed annual profit of 75,000

489 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Aman, Raj and Suresh were partners in a firm sharing profits and losses in the ratio of 5: 3: 8. Suresh was guaranteed a minimum profit of 5,00,000 per year

536 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Sonia and Shruti were partners in a firm sharing profits and losses in the ratio of 5 : 3. On 1st April, 2023, the balance in their Fixed Capital Accounts were ₹ 25,00,000 and ₹ 15,00,000, respectively

501 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Parul and Rajul were partners in a firm, sharing profits and losses in the ratio of 5 : 3. The balance in their Fixed Capital Accounts on 1st April, 2023 were

514 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Nimrat and Maira are partners without a Partnership Deed sharing profits in the ratio of 2 : 1

450 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Yadu, Vidu, and Radhu were partners in a firm sharing profits in the ratio of 4 : 3 : 3. Their fixed capitals on 1st April

13.96K viewsAnurag Pathak Changed status to publish April 17, 2026[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Vimal and Nirmal are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admit Kailash into the firm on 1st April 2023, when their Balance Sheet was as follows:

15.67K viewsAnurag Pathak Changed status to publish February 14, 2026[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

A, B and C were partners, sharing profits and losses in the ratio of 2 : 2 : 1. B retired on 31st March, 2023. on the date of his retirement, some of the assets and liabilities appeared in the books as follows: Creditors ₹ 70,000; Building ₹ 1,00,000; Plant and Machinery ₹ 40,000; Stock of Raw Materials ₹ 20,000; Stock of Finished Goods ₹ 30,000 and Debtors ₹ 20,000.

9.84K viewsAnurag Pathak Changed status to publish June 13, 2025[CBSE] TS Grewal Solutions Accountancy Class 12th Retirement of Partner

0 Votes 1 Ans

Ankit, Bhanu, and Charu are partners in a firm sharing profits and losses equally with a capital of ₹ 2,50,000

13.79K viewsAnurag Pathak Changed status to publish May 15, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Parul, Paresh, and Rahul are partners in a firm. The firm gave a loan to Rahul on 1st February 2022 of ₹ 6,00,000

12.73K viewsAnurag Pathak Changed status to publish May 7, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Atul, Jetha, and Tarak are partners sharing profits equally. Jetha was given a loan by the firm on 1st July 2022 of ₹ 6,00,000

11.54K viewsAnurag Pathak Changed status to publish May 6, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Bat and Ball are partners sharing the profits in the ratio of 2 : 3 with capitals of ₹ 1,20,000 and ₹ 60,000 respectively

8.81K viewsAnurag Pathak Changed status to publish April 27, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Sita and Geeta are partners in a firm sharing profits in the ratio of 3:2. They had given a loan to the firm of ₹ 30,000

7.77K viewsAnurag Pathak Changed status to publish April 26, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Harshad and Dhiman are in partnership since April 01, 2019, No Partnership agreement was made

3.82K viewsAnurag Pathak Changed status to publish April 26, 2025[NCERT] Fundamentals

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