In which ratio do the remaining partners acquire the share of deceased partner? (Delhi and AI 2018 C) Post category:Accountancy Reading time:1 mins read SOLUTION Remaining partners acquire the share of deceased partner in their gaining ratio. 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 PostAt what rate is interest payable on the amount remaining unpaid to the executor of deceased partner? (AI 2013) Next PostState the basis of calculating the amount of profit payable to the legal representative of a deceased partner in the year of death. (C.B.S.E. 2019) You Might Also Like Balance Sheet of X and Y, who share profits and losses as 5 : 3, as at 1st April, 2019 is: July 28, 2022 Calculate Gross Profit Ratio from the following data: Cash Sales are 20% of Total Sales; Credit Sales are Rs. 5,00,000; Purchases are Rs. 4,00,000; Excess of Closing Inventory over Opening Inventory Rs. 25,000. August 16, 2022 Revenue from Operations: Cash Sales Rs. 5,00,000; Credit Sales Rs. 6,00,000; Sales Return Rs. 1,00,000. Current Assets Rs. 3,00,000; Current Liabilities Rs. 1,00,000. Calculate Working Capital Turnover Ratio. August 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Balance Sheet of X and Y, who share profits and losses as 5 : 3, as at 1st April, 2019 is: July 28, 2022
Calculate Gross Profit Ratio from the following data: Cash Sales are 20% of Total Sales; Credit Sales are Rs. 5,00,000; Purchases are Rs. 4,00,000; Excess of Closing Inventory over Opening Inventory Rs. 25,000. August 16, 2022
Revenue from Operations: Cash Sales Rs. 5,00,000; Credit Sales Rs. 6,00,000; Sales Return Rs. 1,00,000. Current Assets Rs. 3,00,000; Current Liabilities Rs. 1,00,000. Calculate Working Capital Turnover Ratio. August 16, 2022