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…
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…
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…
Posted inAccountancy Admission of a partner Class 12
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…
Posted inAccountancy 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…