2025 - 26 Archives - Page 5 of 8

Question 6 to 10 (Calculation of New Profit – Sharing Ratio and Sacrificing Ratio)

6 :- Mohan and Mahesh are partners in a firm sharing profits and losses in the ratio of 3 : 2. Nusrat is admitted as a partner with 1/4th share…

Accountancy Admission of a partner Class 12

Question 1 to 5 (Calculation of New Profit – Sharing Ratio and Sacrificing Ratio)

1 :- Jiten and Rajiv are partners sharing profits in the ratio of 3:2. They admit Bikram as a partner for 1/5th profit share.Determine the profit sharing ratio after admission…

Accountancy Change in Profit Sharing Ratio Class 12

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…

Accountancy Change in Profit Sharing Ratio Class 12

Question 21 to 24 (Accounting of Reserves, Accumulated Profits and Losses)

21 :- Bootstrap and Davy Jones partners sharing profits in the ratio of 2 : 1. On 31st March, 2025, their Balance Sheet showed General Reserve of Rs 60,000. It was…

Accountancy Change in Profit Sharing Ratio Class 12

Question 17 to 20 (Accounting of Reserves, Accumulated 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…

Accountancy Change in Profit Sharing Ratio Class 12

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…

Accountancy Change in Profit Sharing Ratio Class 12

Question 6 to 10 (Accounting of goodwill)

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…

Accountancy Change in Profit Sharing Ratio Class 12

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…

Accountancy 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…

Accountancy Class 12 General

Question 29 to 32 (Capitalisation Method)

29 :- From the following particulars, calculate the value of goodwill of a firm by Capitalisation of average profit method :- (i) Profits of last five consecutive years ending 31st march are :-2025 –…