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 The Balance Sheet of X, Y and Z who were sharing profits in the ratio of 5 : 3 : 2 as at 31st March, 2019 is as follows: August 4, 2022 Moli and Bholi contribute Rs. 20,000 and Rs. 10,000 respectively towards capital. They decide to allow interest on capital @ 6% p.a. Their respective share of profits is 2: 3 and the net profit for the year is Rs. 1,500. Show distribution of profits: (i) where there is no agreement except for interest on capitals; and (ii) where there is an agreement that the interest on capital as a charge. July 21, 2022 From the following Balance Sheet of Samta Ltd., as at 31st March, 2019, prepare Cash Flow Statement: August 20, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
The Balance Sheet of X, Y and Z who were sharing profits in the ratio of 5 : 3 : 2 as at 31st March, 2019 is as follows: August 4, 2022
Moli and Bholi contribute Rs. 20,000 and Rs. 10,000 respectively towards capital. They decide to allow interest on capital @ 6% p.a. Their respective share of profits is 2: 3 and the net profit for the year is Rs. 1,500. Show distribution of profits: (i) where there is no agreement except for interest on capitals; and (ii) where there is an agreement that the interest on capital as a charge. July 21, 2022
From the following Balance Sheet of Samta Ltd., as at 31st March, 2019, prepare Cash Flow Statement: August 20, 2022
