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Category [CBSE] Admission of Partner

[CBSE] Admission of Partner 141 Questions

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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:

14.77K viewsAnurag Pathak Changed status to publish 4 days ago[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:

11.14K 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:

15.65K 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:

14.88K 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:

10.82K 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

4.24K 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:

3.73K 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

4.24K 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

3.95K 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

3.42K 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

6.81K 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

5.89K 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

5.16K 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

6.87K 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

8.83K 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

6.42K 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

12.18K viewsAnurag Pathak Changed status to publish April 1, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Ram and Mohan are partners in a firm sharing profits in the ratio of 3 : 2. on 1st April, they admit Sohan as a partner for 1/4th share in the profits

12.43K viewsAnurag Pathak Changed status to publish March 31, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

On 31st March 2017, the Balance Sheet of Abhir and Divya, who were sharing profits in the ratio of 3 : 1 was as follows:

10.86K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

A and B are partners in a business sharing profits and losses in the ratio of 1/3rd and 2/3rd. On 1st April, 2022, their capitals were ₹ 8,000 and ₹ 10,000 respectively

8.93K viewsAnurag Pathak Changed status to publish December 11, 2023[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Adil and Bhavya are partners sharing profits and losses in the ratio of 7 : 5. They admit Cris, their Manager, into partnership who is to get 1/6th share in the business

11.79K viewsAnurag Pathak Changed status to publish November 12, 2023[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Sushil and Satish are partners in a firm sharing profits in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2023 was as follows:

11.39K viewsAnurag Pathak Changed status to publish June 25, 2023[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Following is the Balance Sheet of Jay and Veeru as at 31st March, 2023 who are partners in a firm sharing profits and losses in the ratio of 3 : 2 respectively.

10.94K viewsAnurag Pathak Changed status to publish June 12, 2023[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Kavi and Ravi were partners in a firm sharing profits in the ratio of 5 : 3. On 31st March, 2023, they admitted Chhavi as a partner for 1/5th share in the profit. On Chhavi’s admission, the Balance Sheet of the firm was as follows:

9.06K viewsAnurag Pathak Changed status to publish June 8, 2023[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th MCQs (Admission)

0 Votes 1 Ans

On the date of Shiv’s admission, an extract of the Balance Sheet of Ram and Mohan sharing profits and losses in the ratio of 3 ; 2 was as under:

5.22K viewsAnurag Pathak Changed status to publish June 8, 2023[CBSE] Admission of Partner [CBSE] TS Grewal Solutions Accountancy Class 12th MCQs (Admission)

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