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Category DK Goel Retirement of a partner

DK Goel Retirement of a partner 32 Questions

0 Votes 1 Ans

X, Y and Z are partners sharing profits in the ratio of 2/3 : 1/4 : 1/12. Calculate the new ratio if X retires

115 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner

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A, B, C and D are partners sharing profits in the ratio of 5 : 3 : 1 : 2. Calculate the new profit sharing ratio if B and C retire from the firm

127 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner

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A, B and C are partners sharing profits in the ratio of 6 : 5 : 4. Calculate new profit sharing ratios if (i) A retires; (ii) B retires; (iii) C retires

133 viewsAnurag Pathak Edited answer October 11, 2024DK Goel Retirement of a partner

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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.

169 viewsAnurag Pathak Changed status to publish September 19, 2024DK Goel Retirement of a partner

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L a partner, was appointed to look after the dissolution process for which he was given a remuneration of ₹ 10,000

172 viewsAnurag Pathak Answered question September 19, 2024DK Goel Retirement of a partner

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Expenses of realisation ₹ 8,000, Expenses of realisation ₹ 10,000 were paid by a partner

174 viewsAnurag Pathak Changed status to publish September 19, 2024DK Goel Retirement of a partner

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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

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