A, B and C are partners sharing profits in the ratio of 1 / 4: 3 / 10: 9 / 20. What will be the new ratio on the retirement of C? Post category:Accountancy Reading time:1 mins read SOLUTION 5: 6 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, T and Z are partners sharing profits in the ratio, of 1 / 2: 2 / 5 and 1 / 10. Find the new ratio of remaining partners if Z retires. Next PostA, B and C are partners sharing profits in the ratio of 5: 2: 1. If the new ratio on the retirement of C is 5: 2, what will be the gaining ratio? You Might Also Like Calculate Inventory Turnover Ratio from the following: August 13, 2022 Om and Shiv are partners in a firm sharing profits in the ratio of 4: 1. They decided to share future profits in the ratio of 3: 2 w.e.f. 1st April, 2022. On that day, Profit and Loss Account showed a debit balance of Rs. 1,00,000. Pass Journal entry to give effect to the above. October 28, 2022 Mention two items that may appear on the credit side of a Partner’s Fixed Capital Account. September 23, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Om and Shiv are partners in a firm sharing profits in the ratio of 4: 1. They decided to share future profits in the ratio of 3: 2 w.e.f. 1st April, 2022. On that day, Profit and Loss Account showed a debit balance of Rs. 1,00,000. Pass Journal entry to give effect to the above. October 28, 2022
Mention two items that may appear on the credit side of a Partner’s Fixed Capital Account. September 23, 2022