Category [CBSE] DK Goel Solutions Class 12 [CBSE] DK Goel Solutions Class 12 1 Question 5 Sub CategoriesDK Goel Admission of a Partner(98)DK Goel Dissolution of a Partnership Firm(58)DK Goel Issue of Debentures(5)Dk Goel Issue of Shares (2024-25)(74)DK Goel Retirement of a partner(32) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans On 1st April, 2023, A, B and C commenced business in partnership sharing profit and losses in proportion of 1/2, 1/3 and 1/6 respectively. They paid into their Bank A/c as their capital ₹ 22,000 being ₹ 10,000 by A, ₹ 7,000 by B and ₹ 5,000 by C 183 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Ashok and Kishore were in partnership sharing profits in the ratio of 3 : 1. They agreed to dissolve the firm. The assets (other than cash of ₹ 2,000) of the firm realised ₹ 1,10,000 172 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A, B and C are in partnership sharing in 4 : 3 : 3. They decided to dissolve the partnership firm. At the date of dissolution their creditors amounted to ₹ 16,800 178 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following is the Balance Sheet of A, B and C, as at 31st March, 2024 Creditors ₹ 30,000 Mrs. A’s Loan ₹ 20,000 178 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Sita and Gita were partners sharing profits and losses in the ratio of 4 : 5. They dissolved their partnership on 31st March, 2021, when their Balance Sheet showed the following balances 186 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Raman and Richa were partners in a firm sharing profits in the ratio of 7 : 3. On 31.3.2024 the Balance Sheet of the firm was as follows: 182 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Following is the Balance Sheet of Ramji Lal and Panna Lal as at 31st March, 2024: 194 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following is the Balance Sheet of A and B as at 31st March, 2024: Mrs. A’s Loan ₹ 15,000 Mrs. B’s Loan ₹ 10,000 209 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Mrs. Rita Chowdhary and Miss Shobha are partners in a firm, ‘Fancy Garments Exports’ sharing profits and losses equally. On 1st April, 2024, the Balance Sheet of the firm was as follows: 207 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans P, Q and R were partners in a firm sharing profits in the ratio of 1 : 2 : 2. Their Balance Sheet as at 31st March 2024 was as follows: 217 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Anurag and Prem were partners sharing profits and losses in 2 : 1. On 31st March, 2023 their Balance Sheet was as follows: 153 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Pritam and Naresh decided to dissolve their firm on September 30, 2023, when their Balance Sheet stood as follows: 212 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following was the Balance Sheet of X, Y and Z as at 28.2.2023: 145 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A B and C were in partnership sharing profits in the ratio of 2 : 1 : 1. Their Balance Sheet showed the following position on the date of dissolution: 165 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A and B were partners sharing profits and losses in 2 : 1. Their Balance Sheet as at 31st March, 2023 was as follows: 186 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following is the Balance Sheet of A and B as at 31st March, 2023. The profit sharing ratios of the partners are 3 : 2. 168 viewsAnurag Pathak Changed status to publish September 19, 2024DK Goel Retirement of a partner 0 Votes 1 Ans L a partner, was appointed to look after the dissolution process for which he was given a remuneration of ₹ 10,000 170 viewsAnurag Pathak Answered question September 19, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Expenses of realisation ₹ 8,000, Expenses of realisation ₹ 10,000 were paid by a partner 173 viewsAnurag Pathak Changed status to publish September 19, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Manoj and Nand were partners sharing profits in the ratio of 3 : 2. Pass journal entries under following situations at the time of dissolution of firm: 211 viewsAnurag Pathak Changed status to publish September 19, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Karan and Vijay are partners in a firm sharing profits and losses in the ratio of 4 : 3. They admit Shrey for 1/3 share in the profits. 189 viewsAnurag Pathak Answered question September 16, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Following is the Balance Sheet of Amit and Vidya as at 31st March, 2024: Creditors ₹ 26,000 Employees Provident Fund ₹ 16,000 186 viewsAnurag Pathak Answered question September 16, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Om, Ram and Shanti were partners in a firm sharing profits in the ratio of 3 : 2 : 1. On 1st April, 2014 their Balance Sheet was as follows: 232 viewsAnurag Pathak Answered question September 16, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Ashok and Biju were partners sharing profits and losses in the ratio of 3 : 1 respectively. The following was their balance sheet as at 31st March, 2024 179 viewsAnurag Pathak Changed status to publish September 16, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the proportion of 3 : 2. Their Balance Sheet as at 31st March, 2024 was as follows: 217 viewsAnurag Pathak Changed status to publish September 16, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 5 : 3. C was admitted for 1/4th share in profits. C acquires this share as 3/16 from A and 1/4th of his share from B. C brings in ₹ 1,00,000 as his capital 197 viewsAnurag Pathak Changed status to publish September 16, 2024DK Goel Admission of a Partner « Previous 1 2 … 5 6 7 8 9 10 11 Next » Question and answer is powered by anspress.net
