X, Y and Z are sharing profits and losses
23 :- X, Y, and Z are sharing profits and losses in the ratio of 5 : 3 : 2. They decide to share future profits and losses in the…
Suresh, Ramesh, Mahesh and Ganesh were partners in a firm
32 :- Suresh, Ramesh, Mahesh and Ganesh were partners in a firm sharing profits in the ratio of 2 : 2 : 3 : 3. On 1st April, 2016, their…
Ram, Mohan, Sohan and Hari were partners in a firm
31 :- Ram, Mohan, Sohan and Hari were partners in a firm sharing profits in the ratio of 4 : 3 : 2 : 1. On 1st April, 2016, their…
Balance sheet of X and Y, who share profits and losses as 5:3
30 :- Balance sheet of X and Y, who share profits and losses as 5:3 as at 1st April 2025, is: On the above date, they decided to change their profit…
A, B and C were partners in a firm sharing profits
29 :- A, B and C were partners in a firm sharing profits in the ratio of 3 : 2 : 1. Their Balance Sheet as on 31st March, 2015…
Question 25 to 28 (Revaluation of Assets and Reassessment of Liabilities)
25 :- Hari, Kunal and Uma are partners in a firm sharing profits and losses in the ratio of 5 ; 3 : 2. From 1st April, 2018 they decided to…
Pinky and Rocky are partners in a firm sharing profit
28:- Pinky and Rocky are partners in a firm sharing profit in the ratio of 3 : 2. Their Balance Sheet as at 31st March 2025 was as follows: Goodwill of…
Ajeet, Vijeet and Sujeet are partners in a firm sharing profits and
27 :- Ajeet, Vijeet and Sujeet are partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They decide to share profits and…
A, B and C are sharing profits and losses in the ratio of 2:2:1
26 :- A, B and C are sharing profits and losses in the ratio of 2 : 2 : 1. They decided to share profit w.e.f 1st April, 2025 in the…
Hari, Kunal and Uma are partners in a firm
25:- Hari, Kunal and Uma are partners in a firm sharing profits and losses in the ratio of 5 ; 3 : 2. From 1st April, 2018 they decided to share…