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Category [NCERT] Accountancy Class 12

[NCERT] Accountancy Class 12 41 Questions

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0 Votes 1 Ans

Singh, Gupta and Khan are partners in a firm sharing profits in 3 : 2 : 3 ratio. They admitted Jain as a new partner. Singh surrendered 1/3 of his share in favour of Jain

376 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

Radha and Rukmani are partners in a firm sharing profits in 3 : 2 ratio. They admitted Gopi as a new partner. Radha surrendered 1/3 of her share in favour of Gopi and Rukmani surrendered 1/4 of her share in favour of Gopi

364 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

A, B and C were partners in a firm sharing profits in 3 : 3 : 2 ratio. They admitted D as a new partner for 4/7 profit. D acquired his share 2/7 from A. 1/7 from B and 1/7 from C

381 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner

0 Votes 0 Ans

A and B were partners in a firm sharing profits in 3 : 2 ratio. They admitted C for 3/7 share which he took 2/7 from A and 1/7 from B. Calculate new profit sharing ratio?

319 viewsAnurag Pathak Changed status to publish August 10, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

A, B and C are partners sharing profits in 3 : 2 : 2 ratio. They admitted D as a new partner for 1/5 share which he acquired from A, B and C in 2 : 2 : 1 ratio respectively. Calculate new profit sharing ratio?

361 viewsAnurag Pathak Answered question August 10, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

P and Q are partners sharing profits in 2 : 1 ratio. They admitted R into partnership giving him 1/5 share which he acquired from P and Q in 1 : 2 ratio. Calculate new profit sharing ratio?

351 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

A, B and C are partners sharing profits in 2 : 2 : 1 ratio admitted D for 1/8 share which he acquired entirely from A. Calculate new profit sharing ratio?

389 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

X and Y are partners sharing profits in 5 : 3 ratio admitted Z for 1/10 share which he acquired equally for X and Y. Calculate new profit sharing ratio?

360 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

A B C were partners in a firm sharing profits in 3 : 2 : 1 ratio. They admitted D for 10% profits. Calculate the new profit sharing ratio?

442 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admit C into the partnership with 1/6 share in the profits. Calculate the new profit sharing ratio?

342 viewsAnurag Pathak Answered question August 9, 2024[NCERT] Admission of Partner

0 Votes 1 Ans

Arvind and Anand are partners sharing profits and losses in the ratio 8 : 3 : 1

824 viewsAnurag Pathak Changed status to publish March 30, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Mohan, Vijay and Anil are partners, the balances in their capital accounts being ₹ 30,000, ₹ 25,000 and ₹ 20,000 respectively

807 viewsAnurag Pathak Changed status to publish March 26, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Anju, Manju and Mamta are partners whose fixed capitals were ₹ 10,000, ₹ 8,000 and ₹ 6,000, respectively

845 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Azad and Benny are equal partners. Their fixed capitals are ₹ 40,000 and ₹ 80,000 respectively

822 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

On March 31, 2017 the balance in the capital accounts of Eluin, Monu and Ahmed after making adjustments for profits, drawings, etc

662 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Mannu and Shrishti are partners in a firm sharing profit in the ratio of 3 : 2

808 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

The firm of Harry, Porter and Ali, who have been sharing profits in the ratio of 2 : 2 : 1, have existed for same years

708 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

The net profit of X, Y and Z for the year ended March 31, 2020, was ₹ 60,000 and the same was distributed

673 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Amit, Babita and Sona form a partnership firm, sharing profits in the ratio of 3 : 2 : 1, subject to the following:

811 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Ram, Mohan and Sohan are partners with capitals of ₹ 5,00,000, ₹ 2,50,000 and ₹ 2,00,000 respectively

750 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Ashok, Brijesh and Cheena are partners sharing profits and losses in the ratio of 2 : 2 : 1

627 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Arun, Boby and Chintu are partners in a firm sharing profit in the ratio or 2 : 2 : 1

728 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

X, Y and Z are in Partnership, sharing profits and losses in the ratio of 3 : 2 : 1

777 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Radha, Mary and Fatima are partners sharing profits in the ratio of 5 : 4 : 1

618 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Abhay, Siddharth and Kusum are partners in a firm, sharing profits in the ratio of 5 : 3 : 2

722 viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

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