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Category [ISC] Retirement of Partner

[ISC] Retirement of Partner 48 Questions

0 Votes 1 Ans

Ram, Laxman and Bharat were partners sharing profits in the ratio of 2 : 2 : 1. Laxman retired on 1st April

1.71K viewsAnurag Pathak Changed status to publish March 22, 2024[ISC] Retirement of Partner [ISC} TS Grewal Solutions Accountancy Class 12th

0 Votes 1 Ans

Debashish, Jaspal, Sudhir and Vinay were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2 : 1

1.89K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Sunil, Nitish and Sapna were partners in a trading firm, sharing profits and losses equally. On 31st March, 2023, the Balance Sheet of the firm stood as follows

1.79K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

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Charu, Harsha and Vaishali are equal partners in a firm. Charu retired from the firm on 30th June, 2022 and according to the agreement

1.19K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Arjun, Bhim and Nakul are partners sharing profits and losses in the ratio of 4 : 3 : 1. It is provided under the partnership deed

1.84K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

The Balance Sheet of Palak, Anil and Arpit who were sharing profits and losses in the ratio of 5 : 3 : 2 as at 31st March, 2023

2.73K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Balance Sheet of Xavier, Yusuf and Zaman who were sharing profits in the ratio of 4 : 3 : 2 stood as follows as at 31st March, 2023

1.64K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Madan, Dass and Param were partners sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2023, their Balance Sheet was as under

2.13K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Following is the Balance Sheet of Aruna, Karuna and Varuna as at 31st March, 2023, who have agreed to share profits and losses in proportion of their capitals

1.37K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Bikram, Bikash and Rajib were partners sharing profits and losses 2/5, 3/10 and 3/10 respectively. Their Balance Sheet as at 31st March, 2023 was as follows

2.11K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

On 31st March, 2023, Balance Sheet of Ram, Rahul and Rohit sharing profits and losses in proportion of their capitals stood as follows

1.52K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Baldev, Hans and Gopal were partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2023 is as under

2.38K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

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Balance Sheet of Manoj, Navin and Deep who were sharing the results in proportion to their capitals as at 31st March, 2023 is as under:

2.28K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Naresh, Dhruv and Azeem are partners sharing profits in the ratio of 5 : 3 : 7. Naresh retires from the firm

1.67K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Anil, Dinesh and Raman were partners sharing profits and losses in the ratio of 5 : 3 : 2. Dinesh retired on 1st April

1.58K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Sanjay, Mayank and Tejas were partners sharing profits in the ratio of 4 : 3 : 2. Mayank retired on 1st April

1.60K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Naresh, David and Aslam were partners sharing profits in the ratio of 5 : 3 : 7. Naresh retired from the firm. David and Aslam decided to share future profits in the ratio of 2 : 3

1.08K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Varun, Amit and Renu were partners sharing profits and losses in the ratio of 4 : 3 : 2. Amit retired on 1st April, 2023

1.33K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Balance Sheet of Vikas, Mukta and Anuj who are sharing profits in the ratio of 2 : 3 : 1 as at 31st March, 2023 is given below:

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0 Votes 1 Ans

Dev, Savita and Alok were in partnership sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2023 was as follows:

2.50K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

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Vineet, Neeti and Umeed are partners sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2023 was as follows:

2.35K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

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Vijay, Vinod and Yogi were partners sharing profits in the ratio of 1/2, 1/3 and 1/6 respectively. Balance Sheet of the firm as at 31st March, 2023 was as follows

2.39K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

0 Votes 1 Ans

Balance Sheet of Payal, Akeel and Ramesh as at 31st March, 2023 was as follows:

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Balance Sheet of Ajay, Salil and Ravi who are sharing profits in the ratio of 2 : 3 : 1, as at 31st March, 2023 is given below:

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0 Votes 1 Ans

Mohit, Sohan are Rahul are partners in a firm. Sohan retired from the firm on 1st April, 2023 and his claim including his capital and share of goodwill was ₹ 1,50,000

1.58K viewsAnurag Pathak Changed status to publish March 3, 2024[ISC] Retirement of Partner

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