X, Y and Z are partners sharing profits equally
7 :- X, Y and Z are partners sharing profits equally. They decided that in future Z will get 1/5th share in profits. On the day of change, Firm’s goodwill is…
Asha, Nisha and Disha shared profits and losses
6 :- Asha, Nisha, and Disha shared profits and losses in the ratio of 3 : 2 : 1 respectively. With effect from 1st April 2025, they agreed to share…
Pranav, Karan and Rahim are partners sharing profits
5 :- Pranav, Karan and Rahim are partners sharing profits and losses in an agreed ratio. With effect from 1st April 2025, they agreed to share profit in the ratio…
A, B and C are partners sharing profits and losses
4 :- A, B, and C are partners sharing profits and losses in the ratio of 5 : 4 : 1. Calculate the new profit sharing ratio, sacrificing ratio, and…
X, Y and Z are sharing profits and losses
3 :- X, Y, and Z are sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April 2025, they decide to share profits…
Question 1 to 4 (Sacrificing and Gaining share)
1 :- Om and Shyam are sharing profits and losses equally. With effect from 1st April 2025, they agree to share profits in the ratio of 4:3. Calculate individual partner’s gain…
Ahilya, Laxmi and Parvati are sharing profits and losses
2 :- Ahilya, Laxmi and Parvati are sharing profits and losses in the ratio of 5:3:2. With effect from 1st April 2025, they decide to share profits and losses in the…
Om and Shyam are sharing profits and losses equally
1:- Om and Shyam are sharing profits and losses equally. With effect from 1st April 2025, they agree to share profits in the ratio of 4:3. Calculate individual partner’s gain or…
Posted inAccountancy Class 12 General
Question 33 to 38 (Capitalisation of super profit)
33 :- Average profit of a firm during the last few years is Rs 1,50,000. In similar business, the normal rate of return is 10% of the capital employed. Calculate…
Posted inAccountancy Class 12 General
Rohit and Hardik are partners sharing profits and losses equally
37 :- Rohit and Hardik are partners sharing profits and losses equally. They decided to admit Surya as a partner for 1/3 share. For this purpose, the goodwill of the…