Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans On 28-2-2023 the first call of ₹ 2 per share became due on 50,000 equity shares allotted by Kumar Ltd. Komal, a holder of 1,000 shares, did not pay the first call money 148 viewsAnurag Pathak Answered question October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans On 1st February 2024, Raj Ltd. received in advance the first call of ₹ 25 per share on 4,000 equity shares. The first call was due on 31st March, 2024. Journalise the above transactions 167 viewsAnurag Pathak Answered question October 12, 2024Dk Goel Issue of Shares (2024-25) 0 Votes 1 Ans A, B and C are partners sharing profits and losses in the ratio of 2 : 2 : 1. C decided to retire and on this date goodwill of the firm is valued at ₹ 2,00,000 151 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R are equal partners. Goodwill is appearing in their books at ₹ 4,00,000. R retires and on the day of R’s retirement Goodwill is valued at ₹ 2,50,000 139 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are sharing profits in the ratio of 4 : 3 : 2. Goodwill is appearing in the books at a value of ₹ 42,000. C retires and on the day of C’s retirement Goodwill is valued at ₹ 63,000 145 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Ashok, Rakesh and Mukesh were partners sharing profits and losses in the ratio of 2 : 2 : 1. On 1st April, 2023, their goodwill was valued at ₹ 3,00,000, there being no account for it in the books 145 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans L, M and N are three partners sharing profits in the ratio of 4 : 3 : 2 respectively. M retires and the goodwill is valued at ₹ 1,08,000. No goodwill account appears as yet in the books of the firm 158 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing profits in the ratio of 5 : 4 : 3. X retires from the firm and it is decided that new profit sharing ratio between Y and Z will be same as existing between X and Y 146 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A and B were partners sharing profits in the ratio of 5 : 3. On 1st April, 2021 they admitted C as a new partner for 1/4th share which he acquired from A and B in the ratio of 3 : 2 163 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q, R and S were partners sharing profits in the ratio of 2 : 3 : 5 : 2. S retires and his share is acquired by Q and R in the ratio of 3 : 2. Calculate new ratio and gaining ratio 158 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing profits in the ratio of 1/9 : 1/3 and 5/9. Z retires and surrenders 3/4th of this share in favour of X and remaining in favour of Y 157 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Rekha, Ruchi and Suruchi are partners. Ruchi retires. Calculate new ratio if continuing partners acquired her share in the ratio of 2 : 3 148 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B, C and D are partners sharing profits in the ratio of 5 : 4 : 3 : 2. A retires and B, C and D decide to share the profits and losses equally in future 172 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 1/2 : 1/3 : 1/6. C retires and A and B decide to share future profits equally. Calculate the gaining rati 155 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans On 1st April, 2023 A, B and C were partners sharing profits and losses in the ratio of A 5/10, B 3/10 and C 2/10 respectively. On this date B retires 143 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans On 1st April, 2023 Ashish, Namish and Aman were partners sharing profits and losses in the ratio of 2/5, 2/5 and 1/5 respectively. On this date, Namish retires 118 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q, R and S were partners sharing profits in the ratio of 5 : 4 : 3 : 1. P and S retire from the firm. Calculate the gaining ratio and new profit sharing ratio 137 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z share profits in the ratio of 1/2, 3/10, 1/5. Calculate the gaining ratio and new ratios when 154 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 7 : 5 : 3. Find out the gaining ratio and new ratios when (i) A retires, (ii) B retires or (iii) C retires 141 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R are in partnership sharing profits and losses as 1/2, 2/6 and 1/6 respectively. R retires and his share is taken by P and Q in the ratio of 2 : 1 131 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans P, Q, R and S were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2 : 1. On 31st March, 2022, P retired from the firm 127 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans Aman, Naman and Neel were partners in a firm sharing profits in the ratio of 1 : 2 : 1. Neel retires and he surrenders 2/3rd of his share in favour of Aman and the remaining share in favour of Naman 126 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners sharing in the ratio of 2 : 2 : 1. Y retires and his share is entirely taken by Z. Calculate the new ratio 132 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 1/2 : 1/3 : 1/6. B retires and his share is taken by A and C in the ratio of 5 : 3. Calculate the new ratio 140 viewsAnurag Pathak Answered question October 11, 2024DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 4 : 3 : 1. A retires and his share is taken over by B and C equally. Calculate the new ratio 114 viewsAnurag Pathak Edited answer October 11, 2024DK Goel Retirement of a partner « Previous 1 2 3 4 5 6 … 161 162 Next » Question and answer is powered by anspress.net
