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Category [CBSE] DK Goel Solutions Class 12

[CBSE] DK Goel Solutions Class 12 2 Questions

8 Sub Categories

0 Votes 1 Ans

K, L and M were partners in a firm sharing profits in the ratio of 5 : 3 : 2. On 31.3.2021 the Balance Sheet of the firm was as follows:

75 viewsAnurag Pathak Answered question 2 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

Kanika, Disha and Kabir were partners sharing profits in the ratio 2 : 1 : 1. On 31-3-2016, their Balance sheet was as under:

80 viewsAnurag Pathak Answered question 3 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

Kavya, Manya and Navita were partners sharing profits as 50%, 30% and 20% respectively. On 31-3-2016, their Balance sheet was as under:

100 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

Krish, Vrish and Peter are partners sharing profits in the ratio of 3 : 2 : 1. Vrish retired from the firm. On that date the balance Sheet of the firm was as follows:Krish, Vrish and Peter are partners sharing profits in the ratio of 3 : 2 : 1. Vrish retired from the firm. On that date the balance Sheet of the firm was as follows:

97 viewsAnurag Pathak Changed status to publish 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

X, Y and Z are in partnership sharing profits in the proportion of 3 : 2 : 1. There is no goodwill A/c in the books of the firm. As from 1st April, 2023, it was agreed that X should give only part of time

96 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

L, M and O were partners in a firm sharing profits in 1 : 3 : 2 ratio. L retired and the new profit sharing ratio between M and O was 1 : 2. On L’s retirement the goodwill

104 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

A, B and C are partners in a firm sharing profits in the ratio of 5 : 3 : 2. A retires and his share is taken up by B and C equally. Find the new profit sharing ratio and the gaining ratio.

107 viewsAnurag Pathak Changed status to publish 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

L, M, N and O are partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1 : 1. M and O decided to retire from the firm. The goodwill of the firm was valued at ₹ 3,60,000

95 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

Ravi, Mukesh, Naresh and Yogesh are partners in a firm sharing profits in the ratio of 2 : 2 : 1 : 1. On Mukesh’s retirement the goodwill of the firm is valued at ₹ 90,000

95 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

M, N and O who are partners in a firm share profits in the ratio of 3 : 2 : 1. Goodwill has been valued at ₹ 60,000. On N’s retirement, M and O agree to share profits equally.

98 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

Alia, Karan and Shilpa were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Goodwill appeared in their books at a value of ₹ 60,000 and General Reserve at ₹ 20,000

95 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

A, B and C are partners with capitals of ₹ 1,00,000; ₹ 75,000 and ₹ 50,000 respectively. On C’s retirement, his share is acquired by A and B in the ratio of 6 : 4. Ascertain new profit sharing ratio and gaining ratio

90 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

A, B and C are partners with capitals of ₹ 1,00,000; ₹ 75,000 and ₹ 50,000 respectively. They share profits and losses in the ratio of their capital. C retires

91 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

A, B and C are partners sharing profits and losses equally. B dies. A and C agree to share future profits in the ratio of 7 : 5. Calculate the gaining ratio

85 viewsAnurag Pathak Answered question 5 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

Suman, Shubham and Siya were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. Shubham retired from the firm and Suman and Siya decided to continue the business

100 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

H, P and S were partners in a firm sharing profits in the ratio of 4 : 3 : 1. On August 1, 2017, P died. His 20% share was acquired by H and remaining by S. Calculate the new profit sharing ratio.

91 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

A, B and C were partners sharing profits in the ratio of 4 : 3 : 2. B retires from the firm. Calculate the new ratio, if

81 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

X, Y and Z were partners sharing profits in the ratio of 4/9 : 3/9 : 2/9. X retires and his share was taken up by Y and Z in the ratio of 2 : 1. Find out the new ratio

81 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

A, B and C were partners sharing profits in the ratio of 1/5, 1/3 and 7/15 respectively. C retires and his share was taken up by A and B in the ratio of 3 : 2. Calculate the new ratio.

66 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

Shiv, Mohan and Hari were partners in a firm sharing profits in the ratio of 5 : 5 : 4. Mohan retired and his share was divided equally between Shiv and Hari

71 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

A, B and C were partners in a firm sharing profits in the ratio of 8 : 4 : 3. B retires and his share is taken up equally by A and C

91 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

A, B and C are partners sharing profits in the ratio of 1/2 : 3/8 : 1/8. Calculate the new ratio if C retires.

76 viewsAnurag Pathak Answered question 6 days agoDK 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. A and C retire from the firm. Calculate the new profit sharing ratio of B and D.

80 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

P, Q and R were partners in a firm sharing profits in the ratio of 5 : 6 : 9. On 31.3.2023, their Balance Sheet was as follows:

86 viewsAnurag Pathak Changed status to publish 6 days agoDK Goel Retirement of a partner

0 Votes 1 Ans

L, M and N were partners sharing profits and losses in the ratio of 5 : 3 : 2. Their Balance Sheet as at 1.4.2022 was as under:

89 viewsAnurag Pathak Answered question 6 days agoDK Goel Retirement of a partner

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