Category [CBSE] TS Grewal Solutions [CBSE] TS Grewal Solutions 804 Questions 11 Sub Categories[CBSE] Admission of Partner(141)[CBSE] Comparative and Common Size Statement(27)[CBSE] Death of Partner(41)[CBSE] Dissolution of Partner(55)[CBSE] Fundamentals of Partnership Firm(241)[CBSE] Issue of Debenture(58) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Ram and Mohan are partners in a firm sharing profits in the ratio of 3 : 2. on 1st April, they admit Sohan as a partner for 1/4th share in the profits 8.11K viewsAnurag Pathak Changed status to publish March 31, 2024[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans P, Q and R are partners sharing profits and losses in the ratio of 3 : 3 : 2. Their respective capitals are in their profit-sharing proportions 4.57K viewsAnurag Pathak Changed status to publish March 30, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans The Capital of the firm of Anuj and Benu is ₹ 10,00,000 and the market rate of interest is 15% 10.00K viewsAnurag Pathak Changed status to publish March 30, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thGoodwill 0 Votes 1 Ans Ashok, Bhim, and Chetan are sharing profits and losses in a ratio of 5 : 3 : 2. With effect from 1st April 4.74K viewsAnurag Pathak Changed status to publish March 30, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thChange in Profit Sharing Ratio 0 Votes 1 Ans Ashok, Bhim and Chetan who were sharing profits in the ratio of 5 : 3 : 2, decided to share profits in the ratio of 2 : 3 : 5 5.80K viewsAnurag Pathak Changed status to publish March 30, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thChange in Profit Sharing Ratio 0 Votes 1 Ans Pranav, Karan, and Rahim are partners sharing profits and losses in an agreed ratio With effect from 1st April 8.74K viewsAnurag Pathak Changed status to publish March 29, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thChange in Profit Sharing Ratio 0 Votes 1 Ans Atul and Bipul had a firm in which they had invested ₹ 50,000. On average, the profits were ₹ 16,000 8.37K viewsAnurag Pathak Changed status to publish March 27, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thGoodwill 0 Votes 1 Ans X, Y and Z are partners sharing profits and losses in the ratio of 3 : 2 : 1. Balance Sheet of the firm as at 31st March, 2022 was as follows: 7.93K viewsAnurag Pathak Changed status to publish March 20, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Sangeeta, Saroj and Shanti are partners sharing profits and losses in the ratio of 5 : 3 : 2. Shanti retired and on the date of her retirement 5.16K viewsAnurag Pathak Changed status to publish March 19, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Following is the summarised Balance Sheet of Philips India Ltd. as at 31st March, 2023: 6.08K viewsAnurag Pathak Changed status to publish March 19, 2024[CBSE] TS Grewal SolutionsCash Flow Statement 0 Votes 1 Ans Akanksha Leathers Ltd. invited applications for 10,000 shares of ₹ 100 each payable as follows: ₹ 30 on application, ₹ 30 on allotment and balance on first and final call 5.15K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Based on the following information, calculate Net Assets or Capital Employed Turnover Ratio: 3.46K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Shilpa, Meena and Nanda decided to dissolve their partnership on 31st March, 2023. Their Profit sharing ratio was 3 : 2 : 1 and their Balance Sheet was as under: 6.42K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans On 31st March 2017, the Balance Sheet of Abhir and Divya, who were sharing profits in the ratio of 3 : 1 was as follows: 7.31K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Rita and Sobha are partners in a firm, Fancy Garments Exports, sharing profits and losses equally. On 1st April, 2023, the Balance sheet of the firm was: 7.45K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Rajan Ltd Purchased assets from Geeta & Co. for 5,00,000. A sum of ₹ 1,00,000 was paid by means of a bank draft 4.70K viewsAnurag Pathak Changed status to publish March 17, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Samiksha, Arshiya and Divya were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April, 2022, they agreed to share profits and losses in the ratio of 2 : 5 : 3. 8.37K viewsAnurag Pathak Changed status to publish March 17, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thChange in Profit Sharing RatioMCQs (PSR) 0 Votes 1 Ans Altaur Ltd. was registered with an authorised Capital of ₹ 4,00,00,000 divided in 25,00,000 Equity Shares of ₹ 10 each and 1,50,000, 9% Preference Shares of ₹ 100 each 6.32K viewsAnurag Pathak Posted new comment March 18, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans VXN Ltd. invited applications for issuing 50,000 equity shares of ₹ 10 each at a premium of ₹ 8 per share. The amount was payable as follows: 5.63K viewsAnurag Pathak Posted new comment March 17, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Max Ltd. forfeited 500 shares of ₹ 100 each for non-payment of first call of ₹ 20 per share and final call of ₹ 25 per share. 250 of these shares were re-issued at ₹ 50 per share fully paid-up. 6.62K viewsAnurag Pathak Changed status to publish March 17, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Suraj, Pawan and Kamal are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2023 is: 9.18K viewsAnurag Pathak Posted new comment March 17, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Following is the Balance sheet of Kusum, Sneh and Usha as on 31st March, 2023, who have agreed to share profits and losses in proportion of their capitals: 7.86K viewsAnurag Pathak Posted new comment March 17, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans On 1st April, 2022, Solar Power Ltd. issued 10,000, 8% Debentures of ₹ 100 each at a discount of 5% redeemable at a premium of 15% at the end of five years 4.38K viewsAnurag Pathak Posted new comment February 21, 2024[CBSE] Issue of Debenture 0 Votes 1 Ans Rajiv, Shail and Trilok were partners sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2023, their Balance Sheet stood as under: 2.65K viewsAnurag Pathak Changed status to publish February 15, 2024[CBSE] Death of Partner 0 Votes 1 Ans Bright Ltd. took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of Star Ltd. for an agreed purchase consideration of ₹ 6,00,000 payable 10% in cash and the balance by the issue of 12% Debentures of ₹ 100 each 4.29K viewsAnurag Pathak Posted new comment December 16, 2023[CBSE] Issue of Debenture « Previous 1 2 … 6 7 8 9 10 … 42 43 Next » Question and answer is powered by anspress.net
