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Accountancy

Home » Class 12 » Accountancy » Page 23
Posted inRetirement of a partner TS Grewal Vol - 1

Ashok, Bhaskar and Chaman were in partnership sharing

38 :- Ashok, Bhaskar and Chaman were in partnership sharing profits and losses equally. ‘Bhaskar’ retires from the firm. After adjustments, his capital account shows a credit balance of Rs…
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Posted inRetirement of a partner TS Grewal Vol - 1

Alfa, Beta and Gama are in a partnership sharing profits in the ratio

31 :- Alfa, Beta and Gama are in a partnership sharing profits in the ratio of 5:3:2. Their balance sheet on 1st April 2025, the day Beta decided to retire from…
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Posted inAccountancy Admission of a partner TS Grewal Vol - 1

An extract of the balance sheet of Murari and Vohra sharing

54 :-(a) An extract of the balance sheet of Murari and Vohra sharing profits and losses in the ratio of 3:2 was as under: New partner Krishna was admitted for…
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Posted inAccountancy Admission of a partner TS Grewal Vol - 1

A and B are partners in a business sharing profits and losses

30 :- A and B are partners in a business sharing profits and losses in the ratio of 1/3rd and 2/3rd. On 1st April, 2025, their capitals were Rs 80,000 and…
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Posted inAccountancy Admission of a partner Class 12

Question 15 to 18 (Calculation of New Profit – Sharing Ratio and Sacrificing Ratio)

15 :- A, B and C are partners sharing profits in the ratio of 2 : 2 : 1. D is admitted as a new partner for 1/6th share. C…
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Posted inAccountancy Admission of a partner Class 12

Anil and Bimal are partners. They admit Raman as a partner for 1/4 share

18 :- Anil and Bimal are partners. They admit Raman as a partner for 1/4 shareYou are required to determine(a) Profit sharing ratio between Anil and Bimal before Raman’s admission…
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Posted inAccountancy Admission of a partner Class 12

Amit and Vidya are partners sharing profits and losses

17 :- Amit and Vidya are partners sharing profits and losses in the ratio of 3:2. They admitted Chintan into partnership who acquires 1/5th of his share from Amit and…
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Posted inAccountancy Admission of a partner Class 12

A, B, C and D are in partnership sharing profits and losses in the ratio

16 :- A, B, C and D are in partnership sharing profits and losses in the ratio of 36 : 24 : 20 : 20 respectively. E joins the partnership…
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Posted inAccountancy Admission of a partner Class 12

A, B and C are partners sharing profits in the ratio of 2:2:1

15 :- A, B and C are partners sharing profits in the ratio of 2 : 2 : 1. D is admitted as a new partner for 1/6th share. C…
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Posted inAccountancy Admission of a partner Class 12

Question 11 to 14 (Calculation of New Profit – Sharing Ratio and Sacrificing Ratio)

11 :- Mahi and Rajat were in partnership sharing profits and losses in the ratio of 4 : 3. They admitted Kripa as a new partner. Kripa brought Rs 60,000…
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