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Category [CBSE] Admission of Partner

[CBSE] Admission of Partner 149 Questions

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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:

265 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:

268 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:

267 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

283 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

241 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

272 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

221 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

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

X and Y share profits in the ratio of 5 : 3. Their Balance Sheet as at 31st March, 2023 was:

11.91K viewsAnurag Pathak Changed status to publish January 23, 2025[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Leena and Rohit are partners in a firm sharing profits in the ratio of 3 : 2. On 31st March, 2018, their Balance Sheet was as follows:

16.34K viewsAnurag Pathak Changed status to publish September 27, 2024[CBSE] Admission of Partner Accountancy Class 12th

0 Votes 1 Ans

Kalpana and Kanika were partners in a firm sharing profits in 3 : 1 ratio. They admitted Karuna as a partner for 1/4th share in future profits. Karuna was to bring ₹ 60,000 for his capital. The Balance Sheet of Kalpana and Kanika as at 1st April, 2023, the date on which C was admitted, was:

15.55K viewsAnurag Pathak Changed status to publish September 23, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Rajesh and Ravi are partners sharing profits in the ratio of 3 : 2. Their Balance Sheet at 31st March, 2023 stood as:

11.60K viewsAnurag Pathak Changed status to publish July 31, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Shweta, Meenu and Asha were partners in a firm sharing profits and losses in the ratio of 3 : 5 : 2. Meenu retired on 1st April, 2022. After making all adjustments relating to revaluation, goodwill and accumulated profits

4.67K viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner

0 Votes 1 Ans

Ashish and Vishesh were partners sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2022 was as under:

4.32K viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner

0 Votes 1 Ans

Vanshika and Shikha were partners in a firm with capitals of ₹ 1,00,000 and ₹ 80,000 respectively. They admitted Nisha on 1st April, 2022 as a new partner for 1/4th share in the future profits of the firm

4.89K viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner

0 Votes 1 Ans

Mahesh and Suresh were partners in a firm sharing profits and losses in the ratio of 2 : 1. They decided to admit Nita into partnership with 1/4th share in the profits

4.59K viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner

0 Votes 1 Ans

Aayush and Aarushi are partners sharing profits and losses in the ratio of 3 : 2. They admitted Naveen into partnership for 1/4th share

3.98K viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner

0 Votes 1 Ans

X and Y are partners sharing profits and losses in the ratio of 3 : 2. Z was admitted for the 1/5th share and for this he brings ₹ 1,50,000

7.25K viewsAnurag Pathak Changed status to publish April 4, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th MCQs (Admission)

0 Votes 1 Ans

X and Y are partners sharing profits in the ratio of 2 : 1. They admit Z into the partnership for 1/4th share in profits

6.34K viewsAnurag Pathak Changed status to publish April 4, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th MCQs (Admission)

0 Votes 1 Ans

X and Y are partners sharing profits and losses in the ratio of 3 : 2. X’s Capital is ₹ 3,00,000 and Y’s capital is ₹ 1,50,000

5.49K viewsAnurag Pathak Changed status to publish April 4, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th MCQs (Admission)

0 Votes 1 Ans

X and Y are partners sharing profits in the ratio of 3 : 2. They admitted Z as a partner for 1/4th share of profits. At the time of admission of Z, Investments appeared at ₹ 80,000

7.44K viewsAnurag Pathak Changed status to publish April 4, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Ram and Shyam were partners in a firm sharing profits and losses in the ratio of 2 : 1. Mohan was admitted for 1/3rd share in the profits

9.34K viewsAnurag Pathak Changed status to publish April 1, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Chintan and Ayush are partners in a firm sharing profits and losses in the ratio of 3 : 2. They admitted Sudha as a new partner

7.02K viewsAnurag Pathak Changed status to publish April 1, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Mohan and Mahesh are partners in a firm sharing profits and losses in the ratio of 3 : 2. Nusrat is admitted as

13.08K viewsAnurag Pathak Changed status to publish April 1, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

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