Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Kashish and Harish are partners in a firm sharing profits in the ratio of 3 : 2 with capitals of ₹ 5,00,000 each. Kashish was given loan of ₹ 2,00,000 on 1st October 4.25K viewsAnurag Pathak Changed status to publish April 22, 2024[ISC] Fundamentals of Partnership 0 Votes 1 Ans Kabir, Krish and Harsh are partners in a firm. Kabir and Harsh had opening credit balance in their Loan Accounts of ₹ 4,80,000 each 3.73K viewsAnurag Pathak Changed status to publish April 22, 2024[ISC] Fundamentals of Partnership 0 Votes 1 Ans Yogesh, Naresh and Mahesh are partners sharing profits and losses equally. Yogesh and Mahesh had opening credit balance in their Loan Accounts of ₹ 3,00,000 each 3.57K viewsAnurag Pathak Changed status to publish April 22, 2024[ISC] Fundamentals of Partnership 0 Votes 1 Ans Alex, John, and Sam are partners in a firm. Their capital accounts on 1st April 2015, stood at ₹ 1,00,000; ₹ 80,000, and ₹ 60,000 respectively. Each partner withdrew ₹ 5,000 during the financial year 8.83K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Anup, Babu, and Roop were partners. Their capitals were Anup ₹ 30,000; Babu ₹ 20,000 and Roop ₹ 10,000. According to the Partnership Deed, they were to get interest on capital @ 5% p.a. 6.74K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans The capitals of Madan, Krishna, and Ram as on 31st March 2023 were ₹ 30,000, ₹ 1,10,000, and ₹ 2,20,000 respectively. The profit of ₹ 60,000 for the year 2022-23 was distributed in the ratio of 4 : 1 : 1 after allowing interest on capital @ 10% p.a 7.98K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Shiv and Shankar were partners in a firm sharing profits in 3 : 2 ratio. Their fixed capitals were ₹ 1,70,000 and ₹ 2,10,000 respectively. The Partnership Deed provides for the following: 6.81K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ajit, Harish, and Ganesh were partners in a firm. On 1st April 2022, their capitals stood at ₹ 50,000; ₹ 25,000, and ₹ 25,000 respectively. As per the provisions of the Partnership Deed: 6.60K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Gaurav, Sourav, and Vivian are partners in a firm. Though the Partnership Deed did not provide for interest on capital, Yet it was allowed to the partners @ 5% p.a. for the two years ended on 31st March 2022 and 31st March 2023. 6.54K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Mohan, Vijay, and Anil are partners, the balances of their capital accounts being ₹ 30,000; ₹ 25,000, and ₹ 20,000 respectively 3.81K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Roshan, Mahesh, Gopi, and Jai are partners sharing profits and losses in the ratio of 3 : 3 : 2 : 2. The balances of Capital Accounts on 1st April 2015 were: Roshan ₹ 8,00,000, Mahesh ₹ 5,00,000, Gopi ₹ 6,00,000 and Jai ₹ 6,00,000. 7.08K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Anil, Sunil, and Ramesh are partners. Their fixed capitals as on 31st March 2023 were: Anil ₹ 50,000, Sunil ₹ 1,00,000, and Ramesh ₹ 1,50,000. Profit for the year 2022-23 of ₹ 60,000 was credited 6.98K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Hari, Kunal, and Uma are partners sharing profits and losses in the ratio of 3 : 2 : 1. After the final accounts had been prepared, It was noticed that interest on drawings @ 5% p.a. has not been charged 5.75K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Tushar, Kapil, and Ajay are partners. Their fixed capitals as on 31st March 2023 were: Tushar ₹ 5,00,000, Kalil ₹ 10,00,000, and Ajay ₹ 15,00,000. Profit for the year 2022-23 ₹ 6,00,000 was distributed. 7.08K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ram, Mohan and Sohan sharing profits and losses equally have capitals ₹ 1,20,000; ₹ 90,000 and ₹ 60,000. For the year ended 31st March 5.50K viewsAnurag Pathak Changed status to publish April 20, 2024[CBSE] Fundamentals of Partnership Firm[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Three Chartered Accountants Mohit, Ronit, and Shobhit form a partnership, profits being divisible in the ratio of 3 : 2 : 1 subject to the following: 7.95K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans The partnership agreement of Raman, Daman, and Sharman provides that: (i) Profits will be shared by them in the ratio of 2 : 2 : 1 4.90K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Kamal, Lalit, and Neha were partners sharing profits and losses in the ratio of 3 : 3 : 2. Balances in their capital accounts as on 1st April 2022 stood at ₹ 8,00,000, ₹ 7,00,000 and ₹ 2,00,000 (Dr.) respectively 5.62K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 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. 6.57K 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 5.48K 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 6.86K 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 9.22K 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 7.12K 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 8.05K 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 5.80K viewsAnurag Pathak Changed status to publish April 20, 2024[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th « Previous 1 2 … 55 56 57 58 59 … 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
