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 At the time of dissolution of a firm, Creditors are 70,000; Partner’s capital is Rs. 1,20,000; Cash Balance is Rs. 10,000. Other assets realised Rs. 1,50,000. What will be the Profit / Loss in the realisation account? September 27, 2022 Anshul and Parul are partners sharing profits in the ratio of 3 : 2. They admit Payal as partner for 1/4th share in profits on 1st April, 2019. Payal brings Rs. 5,00,000 as capital and her share of goodwill by cheque. It was agreed to value goodwill at three years’ purchase of average profit of last four years. August 1, 2022 Premio Ltd. issued 50,000 Equity Shares of 7100 each at a premium of 750 per share, payable as follows:Rs. 100 per share on application; and Balance on Allotment. The issue was subscribed and shares were issues to the applicants. Pass the necessary Journal entries. July 13, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
At the time of dissolution of a firm, Creditors are 70,000; Partner’s capital is Rs. 1,20,000; Cash Balance is Rs. 10,000. Other assets realised Rs. 1,50,000. What will be the Profit / Loss in the realisation account? September 27, 2022
Anshul and Parul are partners sharing profits in the ratio of 3 : 2. They admit Payal as partner for 1/4th share in profits on 1st April, 2019. Payal brings Rs. 5,00,000 as capital and her share of goodwill by cheque. It was agreed to value goodwill at three years’ purchase of average profit of last four years. August 1, 2022
Premio Ltd. issued 50,000 Equity Shares of 7100 each at a premium of 750 per share, payable as follows:Rs. 100 per share on application; and Balance on Allotment. The issue was subscribed and shares were issues to the applicants. Pass the necessary Journal entries. July 13, 2022
