Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Paras and Mani started a partnership firm on 1st April, 2025 with capitals of 3,00,000 and ₹2,00,000 respectively. Their Partnership Deed had following clauses: 47 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Parul, Agsa and Anshul are partners in a firm. Their Capital Accounts were ₹ 3,00,000, ₹ 1,50,000 and 1,50,000 respectively on 1st April, 2025. 35 viewsAnurag Pathak Answered question 2 days ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Tina and Meena started their partnership on 1st October, 2025 with fixed capitals of ₹ 4,50,000 and 3,75,000 respectively. On 1st January, 2026, they decided as follows: 41 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Karam and Rhea are partners for equal shares. They admit Paras as partner for 1/3 share. Goodwill, on admission is valued at 2,40,000 117 viewsAnurag Pathak Changed status to publish 5 days ago[ISC] Admission of Partner 0 Votes 1 Ans Lisa, Monika and Nisha were partners in a firm sharing profits & Losses in the ratio of 5 : 3 : 2. On 31st March 2023, their Balance Sheet was as follows: 6.86K viewsAnurag Pathak Changed status to publish July 15, 2026Accountancy Class 12thRetirement of Partner 0 Votes 1 Ans Lisa, Monika and Nisha were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. On 31st March, 2019, their Balance Sheet was as follows: 14.71K viewsAnurag Pathak Changed status to publish July 15, 2026[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Sajal and Kajal are partners sharing profits and losses in the ratio of 2 : 1. on 1st April 2022, their capitals were: Sajal ₹ 5,00,000 and Kajal ₹ 4,00,000 14.64K viewsAnurag Pathak Changed status to publish July 15, 2026[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A and B are partners sharing profits and losses as 2 : 1. On 1st April, 2021 they admit C as a partner for 1/4th share who pays ₹ 4,50,000 as goodwill privately. On 1st April, 2022, they take D as a partner for 3/5th share who brings ₹ 4,00,000 as goodwill 3.36K viewsAnurag Pathak Changed status to publish July 15, 2026DK Goel Admission of a Partner 0 Votes 1 Ans A and B carrying on business as partners used to share profits and losses thus; A 4/7ths and B 3/7ths, and goodwill appeared in the books of the firm at ₹ 2,80,000 when C was admitted as a partner having 1/7th share in profits and losses 2.89K viewsAnurag Pathak Changed status to publish July 15, 2026DK Goel Admission of a Partner 0 Votes 1 Ans Ajay, Vijay and Sanjay were partners in a firm sharing profits in the ratio of 5: 3: 2. Ajay died on 20th February, 2026. The Balance Sheet of the firm on that date was as follows: 177 viewsAnurag Pathak Answered question June 30, 2026[CBSE] Death of Partner 0 Votes 1 Ans Karan, Prateek and Umang were partners in a firm sharing profits in the ratio of 2: 2: 1. On 31st March, 2025, their Balance Sheet was as follows: 206 viewsAnurag Pathak Changed status to publish June 30, 2026[CBSE] Death of Partner 0 Votes 1 Ans Adil, Bunty and Cris are in partnership sharing profits 4/8, 3/8 and 1/8 respectively. It is provided in the Partnership Deed that on the death of any partner his share of goodwill is to be valued at one-half of the net profit credited to his account during the last four completed years 192 viewsAnurag Pathak Answered question June 30, 2026[CBSE] Death of Partner 0 Votes 1 Ans Gini, Bini and Mini were partners sharing profits in the ratio of 4 : 3 : 2. Gini died, Bini and Mini will share profits in the ratio of 2 : 1. Determine the gaining ratio. 179 viewsAnurag Pathak Answered question June 30, 2026[CBSE] Death of Partner 0 Votes 1 Ans Ajay, Vijay and Saurav were partners sharing profits in the ratio of 1/2, 2/5, and 1/10. Find the new profit-sharing ratio of the remaining partners if Saurav dies. 182 viewsAnurag Pathak Answered question June 30, 2026[CBSE] Death of Partner 0 Votes 1 Ans Ram, Mohan and Sohan were partners sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2025, their Balance Sheet was: 176 viewsAnurag Pathak Answered question June 30, 2026[CBSE] Death of Partner 0 Votes 1 Ans Balance Sheet of Somesh, Rahul and Kamlesh, who were sharing profits in the ratio of 3 : 3 : 4 respectively as on 31st March, 2025 was as follows: 191 viewsAnurag Pathak Changed status to publish June 30, 2026[CBSE] Death of Partner 0 Votes 1 Ans Chandni, Bhanu, and Garima were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. The firm closes its books on 31st March every year 174 viewsAnurag Pathak Answered question June 30, 2026[CBSE] Death of Partner 0 Votes 1 Ans You are given the Bank Pass Book and Cash Book (Bank Column only) of Goodwill Trading Co. for the month of March, 2026. You are required to prepare Amended Cash Book and thereafter prepare Bank Reconciliation Statement reconciling the entries in Amended Cash Book with the Bank Pass Book. 311 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans From the following information, find out corrected bank balance as per the Cash Book and thereafter prepare Bank Reconciliation Statement as on 31st March, 2026 of a sole proprietor: 298 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans From the following particulars, ascertain the bank balance as per the Pass Book as on 31st March, 2026 (a) without correcting the Cash Book balance and (b) after correcting the Cash Book balancе: 334 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans From the following information given by Anil, prepare the Bank Reconciliation Statement as on 31 st March, 2026 after amending the Cash Book on that date: 282 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans From the following information as on 31st March, 2026, prepare Bank Reconciliation Statement after making necessary amendments in the Cash Book: Bank balance as per Cash Book (Dr.) ₹ 3,25,000 316 viewsAnurag Pathak Answered question June 14, 2026BRS 0 Votes 1 Ans Aryan and Adya were partners in a firm sharing profits and losses in the ratio of 3: 1. Their Balance Sheet on 31st March, 2024 was as follows: 1.00K viewsAnurag Pathak Answered question May 10, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Shubhi and Revanshi were partners in a firm sharing profit and losses in the ratio fo 3 : 2. Their Balance sheet as at 31st March, 2023 was as follows: 1.03K viewsAnurag Pathak Changed status to publish May 10, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Anshu and Vihu were partners in a firm sharing profits and losses in the ratio of 3 : 2. Their Balance sheet as at 31st March, 2023 was as follows: 962 viewsAnurag Pathak Changed status to publish May 10, 2026[CBSE] Admission of Partner « Previous 1 2 3 4 … 188 189 Next » Search questions Search Questions Sahaj and Nimish entered into partnership on 1st April, 2025 without a partnership deed. They introduced capital of 5,00,000 and 3,00,000 respectively 1 Answer | 0 Votes Taran and Deep are partners sharing the profits and losses in the ratio of 2 : 3 with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively 1 Answer | 0 Votes Puneet and Sahil are partners sharing profits and losses equally. They had opening credit balance in their Loan Accounts of ₹ 9,00,000 each 1 Answer | 0 Votes Raman and Pawan are partners sharing profits and losses in the ratio of 3 : 2. Raman being a non-working partner contributes ₹ 50,00,000 as capital 1 Answer | 0 Votes Raman and Pawan are partners sharing profits and losses in the ratio of 2 : 3. They had opening credit balance in their Loan Accounts of ₹ 5,00,000 and ₹ 4,00,000 respectively 1 Answer | 0 Votes Bani, Rani, and Mani are partners sharing profits and losses in the ratio of 3 : 2 : 1. Bani and Mani granted loans to the firm on 1st October 2022 of ₹ 2,00,000 and ₹ 3,00,000 respectively 1 Answer | 0 Votes Nirmal and Pawan are partners sharing profits in the ratio of 3 : 2. The firm had given a loan to Pawan of ₹ 5,00,000 on 1st April 1 Answer | 0 Votes Akhil, Sunil, and Parvesh are partners sharing profits in the ratio of 3 : 2 : 1. Sunil had given a loan to the firm on 1st November 2022 of ₹ 4,00,000 1 Answer | 0 Votes Bat and Ball are partners sharing the profits in the ratio of 2 : 3 with capitals of ₹ 1,20,000 and ₹ 60,000 respectively 1 Answer | 0 Votes Akhil and Bimal are partners sharing profits in the ratio of 3 : 2. Akhil gave a loan to the firm of ₹ 1,00,000 on 1st October 2022 1 Answer | 0 Votes Question and answer is powered by anspress.net
