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Ajay, Vijay and Sanjay are partners in a firm sharing profits and losses in the ratio of 5 : 4 : 3. Vijay retires. After making all adjustments relating to revolution, goodwill and accumulated profitsApril 13, 2025
The Balance Sheet of X, Y and Z who were sharing profit in proportion of capitals is as follows: Sundry Creditors ₹ 7,000April 13, 2025
P, Q and R are partners in a firm. Q retires and his claim including his capital and his share of goodwill is ₹ 8,00,000. There was an unrecorded furniture valued at ₹ 60,000April 13, 2025
Piu and Nina are partners in a firm sharing profits and losses in the ratio of 3 : 1 respectively. Nina retires and her claim, including her capital and entitlementsApril 13, 2025
On 31st March, 2022 the Balance Sheet of M/s A, B and C sharing profits and losses in proportion to their fixed Capitals stood as follows:April 13, 2025
A, B and C are in partnership sharing profits in the ratio of 3 : 2 : 1. On 28th February, 2023 C retires from the firm. Their Balance Sheet on this date was as follows:April 13, 2025
X, Y and Z were partners in a firm sharing profits in 5 : 3 : 2 ratio. On 31st March, 2023 Z retired from the firm. On the date of Z’s retirement the Balance Sheet of the firm was as follows:April 13, 2025
Following is the Balance Sheet of X, Y and Z as at 31st March, 2022. They share profits in the ratio of 3 : 3 : 2.April 13, 2025
Sameer, Yasmin and Saloni were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 3. On 31.3.2016, their Balance Sheet was as follows:April 13, 2025
Anita, Gaurav and Sonu were partners in a firm sharing profits and losses in proportion to their capitals. Their Balance Sheet as at 31st March, 2019 was as follows:April 13, 2025
Manoj, Naveen and Deepak were partners sharing profits and losses in the ratio of 4 : 3 : 2. As at 1st April 2022, their Balance Sheet was as follows:April 13, 2025
P, Q and R were partners in a firm sharing profits in the ratio of 2 : 3 : 5. On 31-3-2024 their Balance Sheet was as follows:April 13, 2025
X, Y and Z are partners in a firm sharing profits and losses equally. The balance Sheet of the firm as at 31st March, 2023 stood as follows:April 13, 2025
A, B and C are partners sharing profits in the ratio of 5 : 3 : 2. C retires and A and B agree to share future profits in the ratio of 6 : 4April 13, 2025
A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. C retires and new profit sharing ratio is agreed at 3 : 1April 13, 2025
