A, B and C are partners sharing profits in the ratio of 5: 3: 2. D is admitted for l / 5th share. What will be the new profit-sharing ratio? Post category:Accountancy Reading time:1 mins read SOLUTION 10: 6: 4: 5. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostX and Y shared profits in the ratio of 3: 1. They admit Z to one-third share in the future profits. What will be the new profit-sharing ratio? Next PostA and B who shared profits in the ratio of 3: 1 admit C as a partner for l / 5th share in profits, which he acquires equally from the old partners. What will be the new profit-sharing ratio? You Might Also Like Total Debt Rs. 15,00,000; Current Liabilities Rs. 5,00,000; Capital Employed Rs. 15,00,000. Calculate Total Assets to Debt Ratio. August 12, 2022 State whether depreciation charged by a Company will result in inflow, outflow or no flow of Cash. October 4, 2022 X, Y and Z who are sharing profits in the ratio of 5 : 3 : 2, decide to share profits in the ratio of 2 : 3 : 5 with effect from 1st April, 2019. Workmen Compensation Reserve appears at Rs. 1,20,000 in the Balance Sheet as at 31st March, 2019 and Workmen Compensation Claim is estimated at Rs. 1,50,000. Pass Journal entries for the accounting treatment of Workmen Compensation Reserve. July 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Total Debt Rs. 15,00,000; Current Liabilities Rs. 5,00,000; Capital Employed Rs. 15,00,000. Calculate Total Assets to Debt Ratio. August 12, 2022
State whether depreciation charged by a Company will result in inflow, outflow or no flow of Cash. October 4, 2022
X, Y and Z who are sharing profits in the ratio of 5 : 3 : 2, decide to share profits in the ratio of 2 : 3 : 5 with effect from 1st April, 2019. Workmen Compensation Reserve appears at Rs. 1,20,000 in the Balance Sheet as at 31st March, 2019 and Workmen Compensation Claim is estimated at Rs. 1,50,000. Pass Journal entries for the accounting treatment of Workmen Compensation Reserve. July 27, 2022
