Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Ashok, Babu and Chetan are in partnership sharing profit in the proportion of 1/2, 1/3, 1/6 respectively. They dissolve the partnership on 31st March, 2023 when the Balance Sheet of the firm is as under: 5.76K viewsAnurag Pathak Changed status to publish September 23, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Kalpana and Kanika were partners in a firm sharing profits in 3 : 1 ratio. They admitted Karuna as a partner for 1/4th share in future profits. Karuna was to bring ₹ 60,000 for his capital. The Balance Sheet of Kalpana and Kanika as at 1st April, 2023, the date on which C was admitted, was: 9.19K viewsAnurag Pathak Changed status to publish September 23, 2024[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans X, Y and Z entered into partnership on 1st October 2021 sharing profits and losses in the proportions of 4 : 3 : 2, respectively, and with capitals of ₹ 30,000, ₹ 20,000 and ₹ 10,000 812 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans On 1st April, 2023, A, B and C commenced business in partnership sharing profit and losses in proportion of 1/2, 1/3 and 1/6 respectively. They paid into their Bank A/c as their capital ₹ 22,000 being ₹ 10,000 by A, ₹ 7,000 by B and ₹ 5,000 by C 447 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Ashok and Kishore were in partnership sharing profits in the ratio of 3 : 1. They agreed to dissolve the firm. The assets (other than cash of ₹ 2,000) of the firm realised ₹ 1,10,000 433 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A, B and C are in partnership sharing in 4 : 3 : 3. They decided to dissolve the partnership firm. At the date of dissolution their creditors amounted to ₹ 16,800 451 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following is the Balance Sheet of A, B and C, as at 31st March, 2024 Creditors ₹ 30,000 Mrs. A’s Loan ₹ 20,000 501 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Sita and Gita were partners sharing profits and losses in the ratio of 4 : 5. They dissolved their partnership on 31st March, 2021, when their Balance Sheet showed the following balances 447 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Raman and Richa were partners in a firm sharing profits in the ratio of 7 : 3. On 31.3.2024 the Balance Sheet of the firm was as follows: 464 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Following is the Balance Sheet of Ramji Lal and Panna Lal as at 31st March, 2024: 506 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following is the Balance Sheet of A and B as at 31st March, 2024: Mrs. A’s Loan ₹ 15,000 Mrs. B’s Loan ₹ 10,000 700 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Mrs. Rita Chowdhary and Miss Shobha are partners in a firm, ‘Fancy Garments Exports’ sharing profits and losses equally. On 1st April, 2024, the Balance Sheet of the firm was as follows: 511 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans P, Q and R were partners in a firm sharing profits in the ratio of 1 : 2 : 2. Their Balance Sheet as at 31st March 2024 was as follows: 556 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Anurag and Prem were partners sharing profits and losses in 2 : 1. On 31st March, 2023 their Balance Sheet was as follows: 408 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Pritam and Naresh decided to dissolve their firm on September 30, 2023, when their Balance Sheet stood as follows: 479 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following was the Balance Sheet of X, Y and Z as at 28.2.2023: 397 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A B and C were in partnership sharing profits in the ratio of 2 : 1 : 1. Their Balance Sheet showed the following position on the date of dissolution: 536 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A and B were partners sharing profits and losses in 2 : 1. Their Balance Sheet as at 31st March, 2023 was as follows: 478 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans 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. 458 viewsAnurag Pathak Changed status to publish September 19, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Expenses of realisation ₹ 8,000, Expenses of realisation ₹ 10,000 were paid by a partner 480 viewsAnurag Pathak Changed status to publish September 19, 2024DK Goel Retirement of a partner 0 Votes 1 Ans 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: 523 viewsAnurag Pathak Changed status to publish September 19, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Karan and Vijay are partners in a firm sharing profits and losses in the ratio of 4 : 3. They admit Shrey for 1/3 share in the profits. 534 viewsAnurag Pathak Answered question September 16, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Following is the Balance Sheet of Amit and Vidya as at 31st March, 2024: Creditors ₹ 26,000 Employees Provident Fund ₹ 16,000 422 viewsAnurag Pathak Answered question September 16, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Om, Ram and Shanti were partners in a firm sharing profits in the ratio of 3 : 2 : 1. On 1st April, 2014 their Balance Sheet was as follows: 557 viewsAnurag Pathak Answered question September 16, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Ashok and Biju were partners sharing profits and losses in the ratio of 3 : 1 respectively. The following was their balance sheet as at 31st March, 2024 473 viewsAnurag Pathak Changed status to publish September 16, 2024DK Goel Admission of a Partner « Previous 1 2 … 14 15 16 17 18 … 169 170 Next » Question and answer is powered by anspress.net
