Category [CBSE] DK Goel Solutions Class 12 [CBSE] DK Goel Solutions Class 12 1 Question 6 Sub Categories[CBSE] DK Goel Cash Flow Statement(81)DK Goel Admission of a Partner(98)DK Goel Dissolution of a Partnership Firm(58)DK Goel Issue of Debentures(51)Dk Goel Issue of Shares (2024-25)(75)DK Goel Retirement of a partner(32) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans A and B carrying on business as partners used to share profits and losses thus; A 4/7ths and B 3/7ths, and goodwill appeared in the books of the firm at ₹ 2,80,000 when C was admitted as a partner having 1/7th share in profits and losses 241 viewsAnurag Pathak Changed status to publish August 26, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P and S are partners sharing profits in the ratio of 3 : 2. Their books showed goodwill at ₹ 20,000, R is admitted with 1/5th share which he acquires equally from P and S. R brings ₹ 20,000 as his capital and ₹ 10,000 as his share of goodwill 289 viewsAnurag Pathak Answered question August 26, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners, sharing profit and losses in the ratio of 3 : 2. Goodwill appears in their Balance Sheet at ₹ 24,000, When C is admitted into partnership for 1/5th share in profit. He pays ₹ 50,000 for capital and ₹ 8,000 as goodwill 251 viewsAnurag Pathak Answered question August 26, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Ram and Rahim are partners in a firm sharing profits in the ratio of 3 : 2. On April 1, 2023 they admit Raj as a new partner for 3/13th share in the profits. The new ratio will be 5 : 5 : 3 268 viewsAnurag Pathak Answered question August 26, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P and Q are partners sharing profits and losses as 2 : 3. R and S are admitted and profit sharing ratio becomes 3 : 4 : 3 : 2. Goodwill is valued at ₹ 3,00,000, R brings required goodwill and ₹ 2,00,000 cash for Capital 351 viewsAnurag Pathak Changed status to publish August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits and losses as 2 : 1. On 1st April, 2021 they admit C as a partner for 1/4th share who pays ₹ 4,50,000 as goodwill privately. On 1st April, 2022, they take D as a partner for 3/5th share who brings ₹ 4,00,000 as goodwill 255 viewsAnurag Pathak Changed status to publish August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A B and C are partners sharing profits and losses in the ratio of 3 : 2 : 1. They admit D for 1/4th share in the profits and he brought in ₹ 1,50,000 as his share of goodwill which was credited to the Capital Accounts of B and C respectively with ₹ 1,25,000 and ₹ 25,000 247 viewsAnurag Pathak Changed status to publish August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership, Z paying a premium of ₹ 1,00,000 for 1/4th share of the profits while X and Y as between themselves sharing profits and losses equally. Give Journal entries 298 viewsAnurag Pathak Answered question August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Partners A, B and C share the profit of a business in the ratio of 3 : 2 : 1 respectively. For one-sixth share they admit D who brings in ₹ 2,00,000 including ₹ 60,000 for his share of goodwill 238 viewsAnurag Pathak Changed status to publish August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A B and C are partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They admitted D as a new partner, who brings ₹ 5,00,000 as capital and ₹ 2,10,000 as his share of goodwill in cash 250 viewsAnurag Pathak Changed status to publish August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans X and Y share profits and losses in the ratio of 3 : 2. They admit Z as a partner who pays ₹ 72,000 as premium for goodwill for 1/4th share in the future profits of the firm 275 viewsAnurag Pathak Answered question August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Anju and Manju are partners, sharing profits and losses in the proportion of 7 : 5. They agreed to admit Meenu, their manager, into partnership, who is to get one sixth share in the business 256 viewsAnurag Pathak Answered question August 23, 2024DK Goel Admission of a Partner 0 Votes 1 Ans K and Y were partners in a firm sharing profits in 3 : 2 ratio. They admitted Z as a new partner for 1/3rd share in the profits of the firm. Z acquired his share from K and Y in 2 : 3 ratio 332 viewsAnurag Pathak Edited answer August 22, 2024DK Goel Admission of a Partner 0 Votes 1 Ans X and Y are partners sharing profits in the ratio of 4 : 3. Z joins partnership for 2/7th share in the profits (of which he acquires 3/4th from X and 1/4th from Y). Z brings in ₹ 3,00,000 for his capital and ₹ 1,20,000 for goodwill 259 viewsAnurag Pathak Answered question August 22, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P and Q are partners sharing profits and losses in the ratio of 2 : 1. They admit R into partnership for 4/9th share in profits which he acquires equally from P and Q. R brings in cash ₹ 2,50,000 as capital and ₹ 1,80,000 as goodwill 279 viewsAnurag Pathak Answered question August 22, 2024DK Goel Admission of a Partner 0 Votes 1 Ans L M and N are partners sharing profits in the ratio of 3 : 2 : 1. They admit O into partnership. O brings in cash ₹ 4,50,000 as capital and ₹ 1,50,000 as goodwill for 1/5th share of profits 375 viewsAnurag Pathak Answered question August 22, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P, Q and R are partners sharing profits and losses in the ratio of 5 : 3 : 2. S is admitted as a new partner for 1/5th share. P sacrifices 1/10th from his share in favour of S and remaining sacrifice was made by Q and R in the ratio of 2 : 1 353 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A B and C are partners sharing in the ratio of 4 : 3 : 2. They admit D for 1/9th share. It is agreed that A would retain his original share. Calculate the new ratios and sacrificing ratios 259 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits in the ratio of 3 : 1. They admit C and decide that the profit-sharing ratio between B and C shall be same as existing between A and B. Calculate new profit-sharing ratio and the sacrificing ratio 515 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits and losses in the ratio of 4 : 3. C is admitted for 1/5th share. A and B decided to share equally in future. Calculate the new ratio and sacrificing ratio 366 viewsAnurag Pathak Edited answer August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admit C and D as new partners. A sacrifices 1/2 of his share in favour of C and B sacrifices 1/4 from his share in favour of D 312 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. C is admitted into partnership. A sacrifices 1/3 of his share and B 1/10 from his share in favour of C. Determine the sacrificing ratio and the new profit sharing ratio 366 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 7 : 3. C was admitted. A surrendered 1/7th of his share and B 1/3rd of his share in favour of C. Calculate the sacrificing ratio and the new profit sharing ratios of the partners 314 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profit in the ratio of 5 : 3. C is admitted to the partnership for 1/4th share of future profits. Calculate the new profit sharing ratio and the sacrificing ratio 351 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 2 : 2 : 1 respectively. They admit D for 1/6th share in the firm. Calculate the sacrificing ratio 332 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner « Previous 1 2 … 13 14 15 16 Next » Question and answer is powered by anspress.net
