Nitin, Tarun and Amar are partners sharing profits equally
18 :- Nitin, Tarun and Amar are partners sharing profits equally and decide to share profits in the ratio of 2 : 2 : 1 w.e.f 1st April, 2025. The extract…
A, B and C who are sharing profits and losses
17 :- A, B and C who are sharing profits and losses in the ratio of 5 : 3 : 2 decide to share future profits in the ratio of…
Question 12 to 16 (Accounting of Reserves, Accumulated Profits and Losses)
12 :- Nitya and Anand are partners in a firm sharing profits and losses equally. With effect from 1st April 2025, they decided to share future profits in the ratio…
Ashok, Bhim and Chetan who were sharing profits
16 :- Ashok, Bhim and Chetan who were sharing profits in the ratio of 5 : 3 : 2, decided to share profits in the ratio of 2 : 3…
X, Y and Z who were sharing profits and losses
15 :- X, Y and Z who were sharing profits and losses in the ratio of 5 : 3 : 2 decided to share future profits in the ratio of…
A, B and C who are presently sharing profits and losses
14 :- A, B and C who are presently sharing profits and losses in the ratio of 5 : 3 : 2 decide to share future profits and losses in…
Om and Shiv are partners in a firm sharing profits
13 :- Om and Shiv are partners in a firm sharing profits in the ratio of 4 : 1. They decided to share future profits in the ratio of 3…
Nitya and Anand are partners in a firm
12 :- Nitya and Anand are partners in a firm sharing profits and losses equally. With effect from 1st April 2025, they decided to share future profits in the ratio…
Question 11 (Calculation of New Profit – sharing ratio on the basis of Adjustment of goodwill)
11 :- Nidhi, Vidhi and Kavya are partners sharing profits and losses in the ratio of 2 : 2 : 1. From 1st April 2025, they decide to change the…
A and B are partners in a firm sharing profits
10 :- A and B are partners in a firm sharing profits in the ratio of 2 : 1. They decided that with effect from 1st April 2024, they would…