Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Gini, Bini and Mini are equal partners with capitals of ₹ 15,000; ₹ 17,500 and ₹ 20,000 respectively. They agree to admit Vini into equal partnership upon payment in cash ₹ 15,000 for 1/4th share of the goodwill 983 viewsAnurag Pathak Answered question May 9, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Sunny and Ujjwal were partners in a firm sharing profits and losses in the ratio of 3:2. On 1st April, 2024, Timmy was admitted as a new partner for a 1/5th share in profits which he acquired equally from Sunny and Ujjwal 858 viewsAnurag Pathak Answered question May 9, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Aruna and Karuna were partners in a firm sharing profits and losses in the ratio of 3:2. They admitted Varuna as a partner for 3/7th share of the profit and the new profit-sharing ratio will be 2 : 2 : 3 827 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Sana and Rajesh were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted Sonu into partnership for 1/5th share in the profits of the firm 798 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Rajan and Mukul are partners sharing profits and losses in the ratio of 4: 1. They admit Mayank and decide that the profit-sharing ratio between Mukul and Mayank be the same as existing between Rajan and Mukul 900 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans The Partners of a firm, Alia, Bhanu, and Chand distributed the profits for the year ended 31st March 2017. ₹ 8,00,000 in the ratio of 3:3:2 without providing for the following adjustments: 13.69K viewsAnurag Pathak Changed status to publish April 18, 2026[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Paras, Pawan and Raman are partners sharing profits in the ratio of 3: 2: 1. Raman is guaranteed annual profit of 75,000 965 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Aman, Raj and Suresh were partners in a firm sharing profits and losses in the ratio of 5: 3: 8. Suresh was guaranteed a minimum profit of 5,00,000 per year 1.06K viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Sonia and Shruti were partners in a firm sharing profits and losses in the ratio of 5 : 3. On 1st April, 2023, the balance in their Fixed Capital Accounts were ₹ 25,00,000 and ₹ 15,00,000, respectively 919 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Parul and Rajul were partners in a firm, sharing profits and losses in the ratio of 5 : 3. The balance in their Fixed Capital Accounts on 1st April, 2023 were 972 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Gurman has following balances in his GST Accounts Input IGST ₹ 6,00,000 Input CGST ₹ 2,00,000 839 viewsAnurag Pathak Answered question April 17, 2026GST 0 Votes 1 Ans Pawan has following balances in his GST Accounts: Input IGST ₹ 6,00,000 Input CGST ₹ 2,00,000 568 viewsAnurag Pathak Changed status to publish April 17, 2026GST 0 Votes 1 Ans Yadu, Vidu, and Radhu were partners in a firm sharing profits in the ratio of 4 : 3 : 3. Their fixed capitals on 1st April 14.46K viewsAnurag Pathak Changed status to publish April 17, 2026[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Journalise the following transactions in the books of Dixit & Sons. Sold goods to Shubham of the list price of ₹ 75,000 for ₹ 70,000. 1.36K viewsAnurag Pathak Changed status to publish March 8, 2026Dk Goel Journal 0 Votes 1 Ans Pass Journal entries for the following. Purchased goods from Henry for ₹ 50,000 on 10% trade discount and 4% cash discount and paid 60% amount by cheque. 1.13K viewsAnurag Pathak Changed status to publish March 8, 2026Dk Goel Journal 0 Votes 1 Ans Journalise the following transactions: Sold goods to Simran for ₹ 80,000 at 15% trade discount and 4% cash discount. Received 75% amount immediately through a cheque. 1.32K viewsAnurag Pathak Answered question March 8, 2026Dk Goel Journal 0 Votes 1 Ans Pass Journal entries in the books of Raghunath Bros. from the following transactions. Raghunath Bros. started busienss with cash ₹ 2,50,000; Goods ₹ 1,00,000 and furniture ₹ 60,000. 1.32K viewsAnurag Pathak Answered question March 8, 2026Dk Goel Journal 0 Votes 1 Ans Give Journal Entries for the following transactions in the books of Raja Ram & Co. Bought goods for cash of the list price of ₹ 4,00,000 at 10% trade discount and 21/2% cash discount. 1.27K viewsAnurag Pathak Answered question March 8, 2026Dk Goel Journal 0 Votes 1 Ans Pass Journal Entries for the following transaction. Sold goods to Muskan of the list price of ₹ 4,00,000 at trade discount of 20%. 1.30K viewsAnurag Pathak Answered question March 8, 2026Dk Goel Journal 0 Votes 1 Ans Enter the following transactions in the Journal of Marutinandan Stores: Purchased goods from Ghanshaym of the list price of ₹ 80,000 at 20% trade discount. 1.27K viewsAnurag Pathak Answered question March 7, 2026Dk Goel Journal 0 Votes 1 Ans Pass Journal entries in the books of Rama Kant Enterprises from the following: Commenced business with cash ₹ 3,00,000 1.26K viewsAnurag Pathak Answered question March 7, 2026Dk Goel Journal 0 Votes 1 Ans Enter the following transactions in the Journal of John Brothers: Sold goods to Dev ₹ 2,50,000 1.23K viewsAnurag Pathak Answered question March 7, 2026Dk Goel Journal 0 Votes 1 Ans Enter the following transactions in the Journal of Junaid & Co. Purchased goods from Muskan for Cash ₹ 30,000 1.24K viewsAnurag Pathak Answered question March 7, 2026Dk Goel Journal 0 Votes 1 Ans Enter the following transactions in the Journal of M/s Sushil & Sons. Sold goods for cash ₹ 50,000 1.21K viewsAnurag Pathak Answered question March 7, 2026Dk Goel Journal 0 Votes 1 Ans Enter the following transactions in the Journal of Ved Prakash & Co. Ved Prakash started business with cash ₹ 5,00,000 1.21K viewsAnurag Pathak Answered question March 7, 2026Dk Goel Journal « Previous 1 2 3 4 5 … 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