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Category DK Goel Retirement of a partner

DK Goel Retirement of a partner 40 Questions

0 Votes 1 Ans

A, B and C were partners sharing profits in the ratio of 7 : 5 : 3. Find out the gaining ratio and new ratios when (i) A retires, (ii) B retires or (iii) C retires

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

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P, Q and R are in partnership sharing profits and losses as 1/2, 2/6 and 1/6 respectively. R retires and his share is taken by P and Q in the ratio of 2 : 1

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

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P, Q, R and S were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2 : 1. On 31st March, 2022, P retired from the firm

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

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Aman, Naman and Neel were partners in a firm sharing profits in the ratio of 1 : 2 : 1. Neel retires and he surrenders 2/3rd of his share in favour of Aman and the remaining share in favour of Naman

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

0 Votes 1 Ans

X, Y and Z are partners sharing in the ratio of 2 : 2 : 1. Y retires and his share is entirely taken by Z. Calculate the new ratio

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

0 Votes 1 Ans

A, B and C are partners sharing profits in the ratio of 1/2 : 1/3 : 1/6. B retires and his share is taken by A and C in the ratio of 5 : 3. Calculate the new ratio

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

0 Votes 1 Ans

A, B and C are partners sharing profits in the ratio of 4 : 3 : 1. A retires and his share is taken over by B and C equally. Calculate the new ratio

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

0 Votes 1 Ans

A, B and C are partners sharing profits in the ratio of 4 : 3 : 2. B retires and his share was taken up by A and C in the ratio of 3 : 2. Find out the new ratio

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

0 Votes 1 Ans

L, M and O were partners in a firm sharing profits in the ratio of 3 : 2 : 2. M retired and his share was divided equally between L and O

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

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

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

0 Votes 1 Ans

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

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

0 Votes 1 Ans

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

512 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.

537 viewsAnurag Pathak Changed status to publish 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

563 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:

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

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