P and Q are partners sharing profits in the ratio of 5: 3. R is admitted and the new ratio is 4: 3 :2. What will be the sacrificing ratio? Post category:Accountancy Reading time:1 mins read SOLUTION 13: 3 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 PostA and B were partners in a firm sharing profits and losses in the ratio of 5: 3. They admitted C as a new partner. The new profit-sharing ratio between A, B and C was 3: 2: 3. A surrendered 2 / 5th of his share in favour of C. Calculate B’ s sacrifice. Next PostPawan and Jayshree are partners. Bindu is admitted for l / 4th share. What is the ratio in which Pawan and Jayshree will sacrifice their share in favour of Bindu? You Might Also Like A, B and C are partners sharing profits and losses in the ratio of 3: 2: 1. B died on 30th June, 2021. For the year ended 31st March, 2022, proportionate profit of 2021 is to be taken into consideration. During the year ended 31st March, 2022, bad debts of Rs. 2,000 had to be adjusted. Profit for the year ended 31st March, 2021 was Rs. 14,000 before adjustment of bad debts. Calculate B’s share of profit till the date of his death. August 5, 2022 X, Y and Z were partners in a firm sharing profits in the ratio of 4: 3: 1. The firm closes its books on 31st March every year. On 1st February, 2020, Y died and it was decided that the new profit-sharing ratio between X and Z will be equal. Partnership Deed provided for the following on the death of a partner: (a) His share of goodwill be calculated on the basis of half of the profits credited to his account during the previous four completed years. The firm’s profits for the last four years were: August 5, 2022 The Debt Equity ratio of a company is 1: 2. State whether ‘Issue of bonus shares’ will increase, decrease or not change the Debt Equity Ratio. (C.B.S.E. 2019, M.P.; 2020 Mumbai. Chennai) October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B and C are partners sharing profits and losses in the ratio of 3: 2: 1. B died on 30th June, 2021. For the year ended 31st March, 2022, proportionate profit of 2021 is to be taken into consideration. During the year ended 31st March, 2022, bad debts of Rs. 2,000 had to be adjusted. Profit for the year ended 31st March, 2021 was Rs. 14,000 before adjustment of bad debts. Calculate B’s share of profit till the date of his death. August 5, 2022
X, Y and Z were partners in a firm sharing profits in the ratio of 4: 3: 1. The firm closes its books on 31st March every year. On 1st February, 2020, Y died and it was decided that the new profit-sharing ratio between X and Z will be equal. Partnership Deed provided for the following on the death of a partner: (a) His share of goodwill be calculated on the basis of half of the profits credited to his account during the previous four completed years. The firm’s profits for the last four years were: August 5, 2022
The Debt Equity ratio of a company is 1: 2. State whether ‘Issue of bonus shares’ will increase, decrease or not change the Debt Equity Ratio. (C.B.S.E. 2019, M.P.; 2020 Mumbai. Chennai) October 3, 2022
