Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Anchal, Mitesh, and Avichal entered into a partnership on 1st April 2022 and decided to share profits and losses in the ratio of 3 : 2 : 1. Their capitals were ₹ 1,00,000, ₹ 75,000, and ₹ 50,000 respectively. 3.21K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Dhoni, Kohli, and Ishant are partners in the Sports goods business sharing profits and losses in the ratio of 2 : 2 : 1. Ishant is guaranteed a profit of ₹ 5,00,000 per annum by Dhoni and Kohli 2.76K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Cook, Broad, and Prior are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Prior is guaranteed an annual profit of ₹ 1,00,000 by the other partners 2.89K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Sonu, Monu, Parth, and Mala are partners sharing profits and losses in the ratio of 4 : 3 : 2 : 1. Their capitals as at 1st April, 2022 were ₹ 1,80,000; ₹ 1,50,000; ₹ 90,000 and ₹ 60,000 respectively 4.56K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Mita, Rita, and Sandra were partners in a firm, sharing profits and losses in the ratio of 2 : 2 : 1. Mita had personally guaranteed that in any year Sandra’s share of profit, after allowing interest on capital 2.94K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ashok and Bhim were partners sharing profits in the ratio of 3 : 2. Their capitals as on 1st April 2022 were ₹ 1,00,000 and ₹ 2,00,000 respectively 3.73K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Kanav, Parv, and Sheel entered into a partnership on 1st October 2022 and decided to share profits and losses in the ratio of 4 : 3 : 3. Kanav personally guaranteed that Sheel’s share of profit after charging interest on capital @ 10% p.a 2.88K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Vishesh, Vaibhav, and Vibhuti entered into a partnership on 1st April 2022 sharing profits in the ratio of 5 : 3 : 2. Vishesh guaranteed that Vibhuti’s Share of profit, after charging interest on capital @ 5% p.a 2.65K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Neel, Nitin, and Neeraj are partners having Capital of ₹ 15,00,000; ₹ 12,00,000, and ₹ 9,00,000 respectively, and sharing profit and losses equally. Neeraj is guaranteed a minimum profit of ₹ 1,50,000 per annum 2.96K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Vicky, Vijay, and Veenu are partners sharing profits in the ratio of 5 : 4 : 1, Veenu is given a guarantee that his minimum share of profit in any given year would be at least ₹ 5,000 2.36K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Aarav, Prithvi and Saksham are partners in a firm. Their profit sharing ratio is 2 : 2 : 1. Saksham is guaranteed a minimum profit of ₹ 10,000 every year 2.38K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Adil, Bilal, and Ramiz are in partnership sharing profits and losses in the ratio of 4 : 2 : 1 respectively. It was provided that Ramiz’s share in profits would not be less than ₹ 7,500 in a year 2.51K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Pony, Sony, and Johny were in a partnership which they began on 1st April 2022 with capital contributions of ₹ 80,000; ₹ 55,600, and ₹ 31,800 3.39K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Roli and Moli started a partnership business on 1st April 2022 and contributed ₹ 2,00,000 and ₹ 1,50,000 respectively as their capital. The terms of the partnership agreement are given below 4.45K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Anil and Sunil are partners in a firm sharing profits and losses in a ratio of 3 : 2. on 1st April 2022 their fixed capitals were ₹ 18,00,000 and ₹ 15,00,000 respectively 4.45K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ashish and Naresh are equal partners. The balances of their Capital Accounts as at 1st April 2022 were: Ashish – ₹ 30,000 and Naresh – ₹ 20,000. The Partnership Deed provides for the following: 3.04K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Arti, Bharti, and Kirti are partners sharing profits and losses in the proportion of Arti 1/2, Bharti 3/10, Kirti 1/5 after providing for the interest @ 5% p.a 3.37K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans On 1st April 2022, Lal, Bal, and Pal enter into a partnership contributing ₹ 2,50,000; ₹ 1,30,000, and ₹ 1,20,000 respectively, and sharing profits and losses in the ratio of 5 : 3: 2 2.87K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ankit and Bimla are partners sharing profits in the ratio of 3 : 2 with capitals of ₹ 50,000 and ₹ 30,000 respectively. Interest on capital is agreed @ 6% p.a 2.78K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Anju, Manju, and Sanjay are in partnership with capitals as on 1st April 2022 of ₹ 4,80,000 (credit), ₹ 4,00,000 (credit), and ₹ 32,000 (Debit) respectively. They share profits in the ratio of 2 : 1 : 1 4.06K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Sudha, Shakti, and Savita are partners sharing profits and losses in the proportion of 2/5 : 1/5. Sudha draws ₹ 12,000 every month 4.45K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Anil and Bindoo are partners sharing profits and losses in the ratio of 3 : 1. On 1st April 2022, their capitals were 2.80K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Shashi, Santosh, and Shanta are in partnership, and as at 1st April 2022, their respective capitals were: ₹ 40,000, ₹ 30,000, and ₹ 30,000 3.26K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Yogi and Hari are in partnership sharing profits and losses in the ratio of 3 : 1. On 1st April 2021, their capitals were ₹ 2,00,000 and ₹ 1,80,000. The terms of their partnership are as follows: 4.66K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Show how the following will be shown in the Capital Accounts of the partner’s John and Mathew when their capitals are fluctuating: 1.43K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th « Previous 1 2 … 27 28 29 30 31 … 161 162 Next » Question and answer is powered by anspress.net
