Posted inAccountancy Admission of a partner TS Grewal Vol - 1 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…
Posted inAccountancy Change in Profit Sharing Ratio Class 12 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…
Posted inAccountancy Change in Profit Sharing Ratio Class 12 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…
Posted inAccountancy Change in Profit Sharing Ratio Class 12 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…