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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

306 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

295 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

301 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?

262 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?

290 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?

280 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?

312 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?

288 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?

363 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?

282 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

715 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

729 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

761 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

746 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

594 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

736 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

637 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

588 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:

731 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

675 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

554 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

646 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

701 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

549 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

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

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